The Exchange has received the disclosure under Regulation 10(7) in respect of acquisition under Regulation 10(1)(a)(i)of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....
SHAKTIPUMP · price
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Shakti Sons Trust, a promoter of Shakti Pumps India Ltd, has completed the acquisition of stakes in four promoter group unlisted companies from Mr. Dinesh Patidar (Chairman cum Whole Time Director and promoter). The acquired entities are Vintex Tools & Machineries (75%, leading to 2.96% indirect acquisition in Shakti Pumps), Shakti Irrigation India (2%, ~0.09% indirect), Shakti Construction & Developers (99.95%), and Roulex Investment & Finance (99.95%). All transfers were by way of gift with no consideration. The total promoter and promoter group shareholding in Shakti Pumps remains unchanged at 50.30% (6,20,72,796 shares) before and after the transaction. SEBI had granted an exemption under Regulation 11(5) via order dated September 10, 2024, exempting the trust from making an open offer. Acquisitions took place between August 14 and August 29, 2025.
This is an internal promoter family realignment for succession planning and continuity, with no change in control, management, or shareholding pattern of Shakti Pumps. Public shareholders are not affected, and the transaction is neutral for the stock price.