The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Viva Texchem Pvt Ltd
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Sayaji Industries Ltd filed a disclosure under SEBI SAST Regulation 29(2) regarding an inter-se transfer of 4,59,200 equity shares (7.27% of paid-up capital) from Bini Commercial Enterprises Pvt Ltd to Viva Texchem Pvt Ltd. The transfer is pursuant to a scheme of merger of Viva Texchem (acquirer) with its wholly owned subsidiary Bini Commercial Enterprises (seller), approved by the Regional Director, North Western Region, Ahmedabad. The transaction took effect on September 23, 2025. Post-transfer, Bini Commercial's holding drops to Nil, while Viva Texchem consolidates the stake. The total equity share capital of the company remains unchanged at 63,20,000 shares of Rs. 5 each. Both entities belong to the promoter/promoter group.
This is an internal promoter group restructuring and does not change the aggregate promoter shareholding in Sayaji Industries. Shareholders should note no change in total promoter control — the shares simply moved from one promoter entity to another within the same group.