The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Nityanand Exports & Consultants Company Pvt Ltd & Others
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Nityanand Exports and Consultants Company Pvt Ltd, a promoter group entity of Pasupati Acrylon Ltd, transferred 6,380 equity shares (0.01% of total share capital) to another promoter group entity, Arihant Exports Private Ltd, through an off-market inter-se transfer. The transfer was carried out without consideration as part of a Scheme of Amalgamation approved by the NCLT New Delhi Bench on 23rd September 2025. Consequently, Nityanand Exports ceased to be part of the promoter group after merging into Arihant Exports. The aggregate shareholding of the Promoter and Promoter Group remains unchanged before and after this transfer. Total equity capital of the company stands at 8,91,33,121 shares of Rs. 10 each.
This is a purely internal restructuring within the promoter group with no change in total promoter shareholding or voting power, so there is no material impact on minority shareholders or the stock price. It is a procedural disclosure required due to the corporate merger of two promoter entities.