The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Naresh Kumar Agarwal
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Promoter Naresh Kumar Agarwal acquired 20,19,170 equity shares (11.42%) through transmission — inheritance from Late Mr. Ramesh Chand Agarwal. Prior to this, he held 15,18,566 shares (8.59%). After the transmission, his total holding rose to 35,37,736 shares (20.01%). The transaction was completed on 29-05-2026 and disclosed on 30-05-2026. No consideration was involved as this is an estate transfer. The company's total share capital is Rs.17,67,87,990 comprising 1,76,78,799 equity shares of Rs.10 each.
This is a legal inheritance-related transfer with no cash outflow. The promoter's stake increased to 20.01%, still below the 25% threshold for triggering an open offer. No direct impact on stock price expected from this filing alone.