The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Nirbhay Paresh Lunagaria
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Nirbhay Paresh Lunagaria, a member of the promoter group, purchased 1,000 equity shares of Maruti Interior Products Ltd on May 27, 2025. His individual holding rose marginally from 7.75% to 7.76% (from 11,71,000 to 11,72,000 shares). Together with Persons Acting in Concert (PACs), total promoter group holding increased from 74.98% to 74.99% of the company's equity capital. The share capital of the company remains Rs. 1.51 crore, divided into 15,10,000 equity shares of Rs. 10 each. The disclosure was filed to BSE on May 29, 2025, in compliance with SEBI Takeover Regulations.
This is a very minor increase (0.01%) in promoter group stake and has no material impact on shareholding pattern or stock price. It signals continued promoter confidence, but the transaction size is negligible.