The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for YSG Estates Pvt Ltd & PACs
SANDHAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sandhar Technologies' promoter group entities YSG Estates Private Limited and Sandhar Estates Private Limited disclosed an acquisition of shares under Regulation 29(2) of SEBI (SAST) Regulations, 2011. The acquisition was triggered by NCLT-approved schemes of amalgamation: (i) Sanjeevni Impex Private Limited merged into YSG Estates (effective March 17, 2026), and (ii) Jubin Finance and Investment Limited and Raasaa Retail Private Limited merged into Sandhar Estates (effective March 30, 2026). Before the amalgamation, the Acquirers collectively held 4,01,03,999 shares (66.63%). Post-amalgamation, their holding increased to 4,23,62,245 shares (70.38%) — an addition of 22,58,246 shares (3.75%) across both entities. The combined promoter group (Acquirers + PACs) holds 70.38% of the company's equity share capital of INR 60.19 crore (6,01,90,708 equity shares).
The shareholding remains firmly with the promoter group at ~70%, indicating strong promoter conviction. No change in total shares or capital structure — purely a restructuring of the promoter holding entity. This is a neutral-to-slightly-positive signal for minority shareholders as promoter control is consolidated, not diluted.