The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Promoter Ms. Vidya Narayanamurthi M is set to acquire 34,62,515 equity shares (8.37% of paid-up capital) from fellow promoter Ms. Vatsala Ranganathan through an off-market inter-se transfer. The deal price is Nil as it is a transfer between promoters, and is exempt from the mandatory open offer requirement under Regulation 10(1)(a)(i) of SEBI Takeover Regulations. Post-transfer, Vidya's stake will rise from 24.18% to 32.55%, while Vatsala will exit completely (from 8.37% to nil). The proposed date of acquisition is 8 December 2025, with the intimation dated 11 December 2025.
This is a reshuffling of shares within the promoter family — no change in total promoter ownership or fresh capital inflow. Shareholders should see no material impact on stock price, as the transfer is at zero consideration between related parties and exempt from open offer obligations.