SHEKHAWATIBSEShekhawati Industries LtdMediumNeutral
Announced Wed, 18 Mar · 14:29 IST

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mukesh Ramniranjan Ruia

Promoter Stake Sell 1pctOwnership Changes View source PDF

SHEKHAWATI · price

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

Price reaction · full curve 14 horizons · vs prior close
-2.3%1-day move
₹11.97
prior close
₹12.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.9-0.1-0.1-1.8-2.3-2.8-8.1-11.9-10.9-22.4+6.8+12.7+20.3+25.1
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AI summary

Promoter Mukesh Ramniranjan Ruia has sold 6,50,000 equity shares (1.88% of total capital) of Shekhawati Industries Ltd by way of an inter-se gift transfer on 17th March 2026. Before this transaction, he held 85,50,000 shares (24.80%); after the transfer, his holding stands at 79,00,000 shares (22.92%). The filing is made under Regulation 29(1) of SEBI (SAST) Regulations, 2011 and Form C under the Insider Trading Regulations. The total equity capital of the company remains unchanged at 3,44,70,000 shares of Rs.10 each. Since this is an inter-se transfer within the promoter group, the overall promoter group holding remains unchanged.

Likely market impact

No material impact on overall promoter group ownership since the shares were transferred within the promoter family via gift. However, individual promoter Mukesh Ruia's direct holding has declined, which may slightly affect voting concentration but does not signal any change in promoter control of the company.