Anirudha Agrawal has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition made in reliance upon exemption provided for in regulation 10 of SEBI (SAST) Regulations, 2011.
MANAKALUCO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Promoter Anirudha Agrawal acquired 58,81,875 equity shares (8.98%) of Manaksia Aluminium Company through an inter se transfer by way of gift from other promoter group members. The shares were received from Sunil Kumar Agrawal (45,00,000 shares) and Manju Agrawal (13,81,875 shares) on 20th June 2025, with no consideration involved. Post-transaction, Anirudha Agrawal's stake rose from 26.13% to 35.10%, Sunil Kumar Agrawal's holding declined from 44.02% to 37.15%, and Manju Agrawal exited completely with 0 shares. The transaction was carried out under Regulation 10(1)(a)(i) of SEBI (SAST) Regulations, 2011, which exempts inter se promoter transfers from the open offer requirement. Overall promoter group ownership remains unchanged since this is only a reshuffling among promoters.
No impact on total promoter shareholding or stock price expected, as this is merely a redistribution of shares within the promoter family at zero cost. Minority investors should note a slight consolidation of promoter voting power in Anirudha Agrawal's hands, but no open offer is triggered.