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 Takeover Regulations for acquiring 4,000 shares (0.0048% of the total share capital). This is a very small acquisition and does not materially change the promoter group's overall holding. Prior to this acquisition, the promoter group collectively held 4,75,23,166 shares, representing 56.9119% of the company's voting share capital. The disclosure was made by Mrs. Sarladevi Madhusudan Jhunjhunwala, partner of Hindustan Cotton Company, along with other promoter group entities listed in the filing.
The acquisition is negligible in size (just 0.0048%) and is unlikely to have any meaningful impact on the stock price or shareholder value. It signals routine promoter group activity, likely a small open-market purchase, and reflects continued confidence in the company.