Disclosure under Regulation 10(6) and 29(2) of SEBI (SAST) Regulations, 2011.
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Scoobee Day Garments has informed the BSE that the promoter and promoter group's combined shareholding increased from 74.99% to 79.77% following the allotment of equity shares under the company's Rights Issue on October 16, 2025. The promoters subscribed to their full rights entitlement, adding 33,74,484 shares, which brought their total holding to 1,34,97,938 shares. Anna Aluminium Company Pvt Ltd's stake rose from 38.05% to 44.26%, while Kitex Limited (newly classified as promoter group) now holds 6.04%. As a result, public shareholding has fallen below the mandatory 25% threshold, and the company must comply with Rule 19A(2) of SCRR by restoring public shareholding to 25% within 12 months.
Promoters have signalled confidence in the company by subscribing to their full rights entitlement, but the public shareholding has dropped below 25%, which may reduce float and liquidity for retail investors. The company has 12 months to restore the minimum public shareholding, which could involve further dilution or promoter stake adjustment down the line.