Reg 29 disclosure
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Awaiting price reaction for this filing.
Mrs. Yashashri Jadhav, who is not part of the promoter/promoter group, acquired 130,000 equity shares (2.36% of the total share capital) of Konndor Industries Ltd through open market purchases on June 4, 2025. Her total holding in the company has risen from 931,961 shares (16.89%) to 1,061,961 shares (19.25%) of the paid-up equity capital. The disclosure was filed by the company on June 9, 2025, under SEBI Takeover and Insider Trading Regulations. The company's total equity share capital remains unchanged at 55,18,200 shares.
A non-promoter entity is steadily building a sizeable stake and is now sitting just below the 20% regulatory threshold under SEBI Takeover Rules. This means further purchases could trigger additional disclosure requirements and potentially an open offer, which may increase volatility or attract takeover speculation in the stock.