The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Usman Faheed F
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Usman Faheed F, Managing Director of UF Group, acquired 39,00,000 equity shares (60.07%) of SDC Techmedia Ltd from fellow promoter Jose Charles Martin on July 15, 2025 at Rs. 5.55 per share. Post-transaction, Usman Faheed F's stake rose sharply from 14.80% (9,61,200 shares) to 74.87% (48,61,200 shares), while Jose Charles Martin completely exited the promoter group, going from 60.07% to 0%. The transaction qualifies as an inter-se promoter transfer under Regulation 10(1)(a)(ii), exempting the acquirer from making an open offer to public shareholders. SDC Techmedia is listed on the BSE SME platform (Scrip Code: 535647).
This is a significant promoter restructuring that consolidates 74.87% controlling stake with Usman Faheed F, making him the dominant promoter. While public shareholders are unaffected as no open offer is triggered, the departure of a long-standing promoter holding over 60% signals a major internal reorganization that could affect future corporate decisions.