Announced Sat, 6 Dec · 15:31 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Lata Manojkumar Punamiya & PACs

Ownership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Promoter Lata Manojkumar Punamiya, along with persons acting in concert (Manojkumar Babulal Punamiya, Aman Manojkumar Punamiya, Hillview Impex Pvt Ltd, India Corporation Ltd, and Shri Baiju Trading and Investment Ltd), sold 5,85,514 equity shares (0.50% of share capital) of Royal India Corporation Ltd through open market on 3 December 2025. As a result, the combined promoter group holding fell from 42.47% (5,00,97,251 shares) to 41.97% (4,95,11,737 shares). The company's total share capital remained unchanged at 11,79,70,000 equity shares of Rs. 10 each. No encumbrance or voting-rights details were impacted.

Likely market impact

This is a small promoter-group trimming of holdings, indicating mild divestment rather than a significant exit. Post-transaction, promoter holding stays comfortably below the 50% mark and above any takeover trigger thresholds, so there is no immediate change in control risk for retail shareholders.