The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....
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IST Limited informed BSE about an internal share transfer within its promoter group. IST Technology Infrastructure Pvt. Ltd. and Smridhi Realty and Trade LLP will together acquire 2,30,000 equity shares (1,15,000 each, or 1.97% of equity capital) from GPC Technology Limited, another promoter group entity. The transaction, planned on or after September 9, 2025, will be executed via block deal mechanism under Regulation 10(1)(a)(ii) of SEBI Takeover Regulations, which exempts inter-se promoter transfers from open offer requirements. Post-transfer, IST Technology Infrastructure's stake will rise from 3.16% to 4.145%, and Smridhi Realty's from 1.89% to 2.875%. Crucially, the total promoter and promoter group holding remains unchanged at about 72.08%, with only internal reshuffling among family/promoter entities.
This is purely a bookkeeping reshuffle within the promoter family and does not change the overall promoter shareholding. Retail investors should see no material impact on stock price or control structure; it's a regulatory formality disclosing internal reorganization.