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 along with other promoter group entities and individuals (Sarladevi Jhunjhunwala, Krishna Madhusudan Jhunjhunwala, Madhusudan S Jhunjhunwala & Sons HUF, and several others) acquired 12,373 shares (0.0148%) of Sarla Performance Fibers Limited. Before this transaction, the promoter group held 4,76,38,834 shares equating to 57.0505% of the company's voting capital. Post-acquisition, their aggregate holding rises marginally to about 57.065%.
This is a small promoter-group purchase that signals insider confidence, but the size is too small to materially affect shareholding or trigger any takeover-related obligation. Promoters remain firmly above the 50% mark, meaning control of the company is unchanged.