Promoters agree to sell 15.53% stake to new controlling acquirers
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On October 28, 2026, 13 promoter sellers agreed to sell all 643,600 shares, equal to 15.53% of voting capital, to Anuj and Kanika Chahal. Anuj already held 3.02%. After completion and the required open offer, the buyers will gain control and become promoters, and existing promoter directors will resign.
Control and board composition will change. The open offer may affect minority shareholders and the share price.