The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Priyanka Sethi
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Priyanka Sethi, a promoter of Lake Shore Realty Ltd (formerly Mahaan Foods Limited), sold her entire personal holding of 15,756 equity shares (0.45% of the company) under a Share Purchase Agreement dated May 30, 2025. The actual sale happened on July 29-30, 2025. Before the disposal, the seller along with Persons Acting in Concert (PACs) held 19,19,630 shares (54.84%); after the disposal, the PAC group's collective holding stands at 19,03,874 shares (54.39%). The company's total equity share capital is 35,00,700 shares of Rs 10 each. This is essentially a small internal reshuffle within the promoter family, with only Priyanka Sethi exiting her individual stake while other family members (Mr. Sanjeev Goyal, Mr. Aditya Goyal, Ms. Saloni Goyal, Ms. Sanya Goyal, and HUF) continue to hold their shares unchanged.
Negligible impact on shareholders — the overall promoter group remains firmly in control at 54.39%, well above the 50% threshold. No change in management or control implications for retail investors.