The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Latadevi Gadia
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Latadevi Anilkumar Gadia, part of the promoter group of Lehar Footwears Ltd, sold 25,000 equity shares on June 5, 2026 through an off-market inter-se transfer among promoter group members. Her holding declined from 3,03,800 shares (1.72%) to 2,78,800 shares (1.58%), a reduction of just 0.14%. The disclosure was filed under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011. The total share capital of the company remains unchanged at Rs. 17.67 crore divided into 1.76 crore equity shares of Rs. 10 each. Since this is an inter-se transfer within the promoter group, overall promoter group ownership in the company stays the same.
No material impact on shareholders — this is an internal reshuffle within the promoter family, so neither promoter group stake nor free-float changes. Retail investors should not read this as a negative signal about the promoter group's confidence in the company.