The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for MVA Finance Private Ltd & Others
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MVA Finance Private Limited, part of the promoter group, has transferred 1,44,450 equity shares (0.16% of total share capital) of Pasupati Acrylon Ltd to Arihant Exports Private Limited, also a promoter group entity. The transfer is an inter-se off-market transaction without consideration, carried out pursuant to a Scheme of Amalgamation approved by the NCLT New Delhi Bench on 23rd September 2025. Consequently, MVA Finance has ceased to be part of the promoter group. The combined promoter group holding remains unchanged at 65.47% (5,87,15,445 shares) both before and after the transfer, since the shares merely moved from one promoter entity to another. The total share capital of the company stays at 8,91,33,121 equity shares.
This is a routine internal promoter group restructuring with no change in total promoter ownership or voting power. Shareholders should not expect any material impact on the stock price or company control, as the effective promoter stake and composition of the group remain the same.