The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for G S Sridhar
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G S Sridhar, a member of the promoter group of Jumbo Bag Ltd, disclosed an acquisition of 7,241 equity shares (0.08% of paid-up capital) under SEBI Takeover Regulations. The shares were received through an off-market inter-se transfer (gift) on 23-Sep-2025. His individual holding rose from 31,550 shares (0.38%) to 38,791 shares (0.46%). The company's total equity share capital remains unchanged at 8.37 crore shares. Since this is a transfer between promoter group members, the aggregate promoter group shareholding in the company remains the same.
This is a routine internal reshuffling within the promoter family via a gift transfer and has no impact on the total promoter shareholding or stock price. Investors can ignore this for trading or valuation purposes.