The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sarada Devi Agarwala & Srinandan Agarwala
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sarada Devi Agarwala and Srinandan Agarwala, acting as persons in concert (PAC) and not classified as promoters, have sold 1,04,875 equity shares (3.41%) of Rajputana Investment and Finance Ltd in the open market on 22 April 2025. Their holding in the company has decreased from 3,03,505 shares (9.86%) to 1,98,630 shares (6.45%). The company's total equity share capital remains unchanged at 30,80,000 shares of Rs 10 each. The disclosure was filed under SEBI's Substantial Acquisition of Shares and Takeovers (SAST) Regulations.
A non-promoter shareholder reducing their stake from just below the 10% SAST threshold to 6.45% signals reduced investor interest from this entity. For retail shareholders, this is a notable offloading by a significant holder, though it does not directly affect promoter control of the company.