The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Hindustan Cotton Company & Others
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Sarla Performance Fibers informed stock exchanges about a Regulation 29(2) disclosure received from Hindustan Cotton Company, an entity belonging to the company's promoter group. Before this transaction, the Hindustan Cotton Company together with other promoter group entities held 4,75,27,166 shares, representing 56.92% of the company's total share capital. The disclosure reports a change of just 2,000 shares (0.0024% of total capital) — the document does not clearly specify whether this was an acquisition or a disposal. The disclosure was signed on September 24, 2025, by promoters Sarladevi Madhusudan Jhunjhunwala and Krishnakumar Jhunjhunwala.
The reported transaction is negligible at 0.0024% of share capital and is highly unlikely to affect the stock price. The promoter group continues to hold roughly 57% of the company, leaving public float and control structure essentially unchanged.