The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Cream & Cookies Family Trust and Hazelnut Family Trust

Ownership Changes View source PDF Explain this filing

SANDHAR · price

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Price reactionminutes from the announcement price · days from the prior close

-2.2%Reaction day

₹471.95

prior close

₹465.80

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.7%-1.6% vs market

Auto Components & Equipments peers, median of 107sector-0.8%-1.5% vs sector

On the reaction day the stock moved 1.6 pts less than Nifty Microcap 250 and 1.5 pts less than its Auto Components & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.2-0.7-1.6-0.8-1.5

Next day

-2.5-0.7-1.8-0.4-2.1

-2.5-0.2-2.3+0.9-3.4

-3.1-0.1-3.1+0.6-3.8

-1.7+0.4-2.1+0.7-2.4

-1.9+0.3-2.2+0.8-2.7

-2.5+1.0-3.5+1.6-4.2

15d

-2.3-0.2-2.1+2.5-4.8

-5.5-1.2-4.3+1.3-6.8

+14.5+0.6+13.9+1.3+13.2

+18.9-4.3+23.2-2.0+20.9

UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 107Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Sandhar Technologies' promoters Jayant Davar and Monica Davar transferred 26,22,930 equity shares (4.36% of paid-up capital) each to two family trusts — Cream & Cookies Family Trust and Hazelnut Family Trust — on 29 August 2025. The transfers were done by way of gift under an SEBI exemption order dated 30 April 2025 under Regulation 11(5) of the Takeover Regulations. Post-transaction, Cream & Cookies Family Trust holds 3,04,33,998 shares (50.56%), while Hazelnut Family Trust's holding is shown as Nil after the transfer. The total share capital of the company (6,01,90,708 shares of Rs 10 each) remains unchanged, and the combined promoter group shareholding stays effectively the same — this is purely an internal restructuring within the promoter family, likely for estate/succession planning.

Likely market impact

No material impact on retail shareholders — this is a reshuffle within the promoter group, not a change in ultimate ownership or a market sale. Share price is unlikely to be affected as total promoter control and the company's share capital remain unchanged.