The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Manju Suresh Bafna
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Mrs. Manju Suresh Bafna, a Promoter of Monarch Networth Capital, has filed a Regulation 29(1) SAST disclosure for acquiring 50,25,000 equity shares (6.34% of capital) via off-market transmission. The shares were held by Mr. Suresh Babulal Bafna (a deceased Promoter) and transmitted to her as nominee following his death. Her individual holding rises from 31,25,114 shares (3.94%) to 81,50,114 shares (10.28%), crossing the 10% substantial acquisition threshold. The date of acquisition is December 23, 2025, and the disclosure was filed on December 29, 2025.
This is an inheritance-driven transmission within the promoter family, not a market purchase, so there is no fresh capital inflow or change in the overall promoter group's economic interest. Stock-price impact is likely neutral, though the legal heir's formal ownership at 10.28% is now established on record.