The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Anika Sindhu, Abhimanyu Sindhu, Dev Shindu, ....
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Kuldeep Singh Solanki, Promoter and Director, sold/transferred his entire holding of 2,503,982 equity shares (23.01% of total share capital) through off-market inter-se transfer to 9 members of the promoter group on 31/03/2026. The acquirers include Sarvesh Sindhu (6.17%), Vritpal Sindhu (3.80%), Abhimanyu Sindhu (3.32%), Dev Sindhu (2.37%), and four others receiving 1.31%-1.58% each. After the transfer, Kuldeep Singh Solanki's holding reduced to zero. This appears to be a restructuring of promoter shareholding among family members. Total share capital of the company is Rs. 10,88,00,000.
This is an off-market transfer among promoter group members, so no direct impact on stock price or public shareholding. However, it signals a consolidation of promoter stake within the Sindhu family and Kuldeep Singh Solanki's complete exit from the company.