The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Lata Manojkumar Punamiya & Others
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Royal India Corporation Ltd's promoter group — Lata Manojkumar Punamiya along with Manojkumar Babulal Punamiya, Aman Manojkumar Punamiya, Hillview Impex Private Limited, and India Corporation Limited — disclosed the purchase of 5,85,514 equity shares (0.496% of total share capital) through open market on February 24, 2026. With this acquisition, the combined promoter group holding rose from 4,95,11,737 shares (41.97%) to 5,00,97,251 shares (42.46%). The disclosure is filed under Regulation 29(2) of SEBI's Takeover Regulations, 2011. No encumbrances (pledge/lien) were created or invoked in this transaction. The total equity share capital of the company remains unchanged at 11,79,70,000 shares of Rs. 10 each.
This is a small incremental purchase by the promoter group showing continued confidence, but they still remain well below the 50% majority threshold, meaning the company does not have a controlling promoter and remains vulnerable to takeovers or further stake changes.