The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for TIL Investments Pvt Ltd
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TIL Investments Pvt Ltd, a promoter group entity, sold 88,89,000 equity shares (11.04% of voting rights) to Mr. Gurmukh Singh Thakral, the main individual promoter, via an off-market inter-se transfer on January 29, 2026. After the transfer, Gurmukh Singh Thakral's direct holding rose from 1.80% to 12.84%, while TIL Investments' holding dropped from 11.04% to 0%. The total promoter and promoter group holding remains unchanged at 74.32% of the company's voting capital. Total equity share capital stayed at 8,04,97,800 shares of Rs 3 each.
This is a reshuffle within the promoter family and does not change total promoter control or public float, so there is no material impact on minority shareholders or the stock price.