BSESayaji Industries LtdMediumNeutral
Announced Wed, 24 Sept · 15:42 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Viva Tex-Chem Pvt Ltd

Ownership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Sayaji Industries has disclosed an inter-se transfer of 8,56,400 equity shares, representing 13.55% of the company's paid-up capital, under SEBI SAST Regulations. The shares were held by Priyam Commercial Enterprises Private Limited (a promoter-group entity) and have moved to Viva Tex-Chem Private Limited as part of a scheme of merger where Viva Tex-Chem (the acquirer) absorbed its wholly-owned subsidiary Priyam Commercial. The merger was approved by the Regional Director, North Western Region, Ahmedabad, with the transaction date being September 23, 2025. The total share capital of Sayaji Industries stands at 63,20,000 equity shares of Rs. 5 each, and promoter-group shareholding remains unchanged overall since both entities belong to the same promoter group.

Likely market impact

Since this is a reshuffling of shares within the promoter group and not a market transaction, total promoter shareholding in Sayaji Industries stays the same and there should be no direct impact on the stock price. Shareholders do not need to take any action.