The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Anita Kaushik & PACs
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Aditya Kaushik, Managing Director, gifted 13,20,600 equity shares (17.63% of total capital) to Anita Kaushik on September 26, 2025 via off-market inter-se transfer within the promoter group. Aditya's personal stake dropped from 40.23% (30,13,400 shares) to 22.60% (16,92,800 shares), while Anita Kaushik's holding rose from 0.09% (7,200 shares) to 17.73% (13,27,800 shares). The total promoter group holding remained unchanged at 44.72% (33,50,000 shares) of the company's paid-up equity capital. The transaction qualifies as an exempt inter-se gift transfer under Regulation 10(1)(a)(ii) of SEBI SAST Regulations, so no open offer obligation arises.
This is purely an internal promoter-family reshuffle with no change in total promoter ownership, so it should have no material impact on the stock price or minority shareholders. Investors should note that the promoter group's collective holding stands at 44.72%, remaining below the 50% mark.