BSELake Shore Realty LtdHighNegative
Announced Mon, 11 Aug · 09:43 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Saloni Goyal

Promoter Stake Sell 1pctPromoter Below 50pctCreeping Acquisition Near ThresholdOwnership Changes View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Promoter Ms. Saloni Goyal, along with persons acting in concert (Sanjeev Goyal, Aditya Goyal, Sanya Goyal, Priyanka Sethi HUF, and Sanjeev Goyal HUF), has disclosed a complete exit from Lake Shore Realty Ltd by selling the entire promoter shareholding of 19,19,630 equity shares (54.84% of total capital). The sale was executed under a Share Purchase Agreement dated May 30, 2025, with trade dates of July 29 and July 30, 2025. The buyer is AL Maha Investment Fund PCC, whose shares are yet to be credited to their demat account. Post-transaction, the promoter group will hold 0% in the company, representing a full change in control of the firm.

Likely market impact

This is a complete change-of-control event — the entire promoter group is exiting and handing over the company to AL Maha Investment Fund PCC. Shareholders should expect potential changes in management, business strategy, and board composition. Historically, such full promoter exits through SPAs can lead to re-rating or sharp price moves once the new owner's plans become clear.