The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for G Sudhakar
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Awaiting price reaction for this filing.
Promoter G Sudhakar filed a SAST Regulation 29(2) disclosure with BSE reporting an off-market inter-se transfer (gift) of shares. His holding dropped from 17,980 shares (0.021%) to 11,987 shares (0.014%), a reduction of 5,993 shares (0.007%). The transaction was carried out on 19-05-2025 as a gift to a Person Acting in Concert. The total equity share capital of the company remains unchanged at 8.37 crore shares. Since the transfer is a gift within promoter group, there is no change in overall promoter group holding — only an internal reshuffle.
This is a minor, non-cash reshuffle within the promoter family (a gift to another PAC) and represents only 0.007% of share capital, so it has no meaningful impact on share price or promoter group control.