The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Abhishek Asit Javeri
SADHNANIQ · price
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Abhishek Asit Javeri, a member of the promoter group of Sadhana Nitro Chem Ltd, has filed a disclosure under Regulation 29(2) of SEBI's Takeover Regulations regarding an inter-se transfer of shares. His shareholding rose from 27,43,762 shares (0.83%) to 4,66,32,262 shares (14.16%) of the company, an increase of 4,38,88,500 shares representing 13.32% of the equity capital. The inter-se transfer took place between 7 November 2025 and 14 November 2025. The total share capital of the company remains unchanged at Rs. 32,94,11,057, indicating a reshuffling of holdings within the promoter family rather than fresh purchase from the market.
Although the headline percentage increase looks large, it is an inter-se transfer within the promoter group, so there is no fresh dilution or new equity raised. However, Abhishek Javeri's individual holding at 14.16% is now close to the 15% open-offer trigger threshold under SAST, which investors should monitor going forward.