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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The promoter group of Sarla Performance Fibers, led by Hindustan Cotton Company and the Jhunjhunwala family entities, disclosed a small share acquisition of 2,991 shares (0.0036% of voting capital) under SEBI's Takeover Regulations. Before this acquisition, the promoter group held 4,75,41,166 shares, representing 56.93% of the company's voting capital. The transaction is a marginal increase by the promoters, who already hold a majority stake well above 50%. No changes to pledged shares or encumbrances were disclosed in this filing.
This is a minor, routine acquisition by the promoter group with negligible impact on ownership structure or share price. It signals promoter confidence but is too small to materially affect shareholding patterns.