The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....
LTFOODS · price
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LT Foods promoter Ashwani Kumar Arora will acquire 11,54,405 equity shares (0.33% of share capital) from another promoter Surinder Kumar Arora through an off-market inter-se transfer by way of gift, with no consideration involved. Post-transaction, Ashwani Kumar Arora's stake will rise from 6.62% to 6.95%, while Surinder Kumar Arora's holding will fall from 6.62% to 6.29%. Total promoter group shareholding before and after the transaction remains unchanged, and no open offer obligation is triggered as the transfer falls under the Regulation 10(1)(a) exemption. The acquisition is expected to take place on or after January 2, 2026.
This is a private reshuffling of shares within the promoter family with zero cash flow impact on the company. It is neutral for retail investors as overall promoter ownership and control of LT Foods remain unchanged, and no open offer is triggered.