The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sumitra Devi Agarwalla & PACs
MANAKCOAT · price
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Mrs. Sumitra Devi Agarwalla, a member of the promoter group, acquired 20,20,827 fully paid-up equity shares (1.91% of total equity) of Manaksia Coated Metals & Industries Ltd via an inter-se transfer as a gift from her relatives on December 18-19, 2025. Her personal stake moved from 0% to 1.91% of the company, while total promoter and PAC group holding moved from 56.17% to 58.08% post-transaction. The transaction involved no cash consideration since it was a family gift arrangement between promoter-group relatives, and was disclosed under SEBI's Substantial Acquisition of Shares & Takeovers Regulations. The company's total equity share capital stands at 10,58,34,050 shares of Re. 1 each.
This is a non-cash, internal family restructuring within the promoter group and does not change the number of shares available in the market. It strengthens the consolidated promoter grip on the company (now 58.08%) but carries no direct impact on share price or minority shareholders.