The Exchange has received the revised disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for R K Shah HUF
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R.K. Shah (HUF), a non-promoter entity, has filed a revised disclosure correcting an earlier submission dated 28 March 2025. The entity sold 2,47,500 equity shares (2.48% of the company) off-market on 27 March 2025. Its pre-sale holding was 8,03,310 shares (8.05%), which dropped to 5,55,810 shares (5.57%) after the sale. The original disclosure had incorrectly named 'Abhinav D. Sadarangani' as the seller; it has now been corrected to 'R.K. Shah (HUF)'. The revision was made in response to a query from BSE dated 9 July 2025.
Since the seller is explicitly not part of the promoter group, this off-market sale by a non-promoter HUF has limited direct impact on shareholders. It does not affect promoter holding or trigger any takeover-related concerns.