The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shruti Gami
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Awaiting price reaction for this filing.
Shruti Abhishek Gami, Promoter and Director of Rapicut Carbides, acquired 25,594 equity shares (0.47%) of the company through an off-market transaction between March 22, 2023 and November 28, 2025. Her shareholding rose from 5,09,403 shares (9.48%) to 5,34,997 shares (9.96%) of the paid-up equity capital of 53,71,245 shares. The disclosure was filed under Regulation 29(2) of SEBI's Takeover Regulations, 2011, with her husband Abhishek V Gami listed as a Person Acting in Concert.
The promoter has increased her stake and is now just below the 10% disclosure threshold, signalling continued promoter confidence in the company. Generally viewed as a mild positive by retail investors, though the off-market nature suggests this may be a private transfer rather than an open-market purchase.