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 disclosed an acquisition of 10,000 shares (0.012% of the total paid-up and voting capital) under SEBI's SAST Regulations. Before this transaction, the promoter group's collective holding stood at 4,76,10,586 shares, representing 57.0166% of the company's share capital. Post this small acquisition, the promoter group holding will rise marginally to approximately 57.0286%. The disclosure was filed by Director Krishna Jhunjhunwala on behalf of the company, and it lists all members of the promoter/promoter group as persons acting in concert.
This is a very small, incremental promoter group purchase with negligible impact on the overall shareholding pattern. It signals routine promoter activity rather than any meaningful change in control or ownership, and is unlikely to have any material effect on the stock price.