The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Hindustan Cotton Company & Others
SARLAPOLY · price
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Hindustan Cotton Company, part of the promoter group of Sarla Performance Fibers Limited, has filed a disclosure under SEBI's Takeover Regulations reporting a transaction of 1,000 shares, representing just 0.0012% of the company's total share capital. Before this transaction, the promoter group's collective holding stood at 4,75,39,166 shares, or 56.9311% of the company. The disclosure was signed by Sarladevi Madhusudan Jhunjhunwala as partner of Hindustan Cotton Company, along with other promoter group entities listed in the filing. The document does not explicitly state whether the 1,000 shares were acquired or sold, but the change is extremely small relative to the promoter group's existing stake.
This is a routine regulatory disclosure for a negligible change in promoter group shareholding (0.0012%) and is unlikely to have any material impact on the stock price or shareholder wealth. Promoter control remains firmly above the 50% mark at around 56.93%, indicating no meaningful change in ownership or control.