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

Promoter Stake Sell 1pctPromoter Stake BuyOwnership Changes View source PDF

SHEKHAWATI · price

Loading chart…

▲ 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

-3.5%1-day move

₹14.35

prior close

₹13.81

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.0+0.0+0.9+0.3-3.5-5.0+3.3+8.5+13.9+2.9+2.7-1.0-11.4—

Up moveDown movePending

AI summary

Altius Buildcon Private Limited, a promoter group entity of Shekhawati Industries Ltd, sold 15,24,920 equity shares (4.42% of total capital) to SKI Buildcon Private Limited via inter-se transfer during 18th–19th May 2026. After the sale, Altius Buildcon's holding dropped from 4.42% to effectively 0% (holding just 5 shares). SKI Buildcon's stake increased from 13.46% to 17.84%. The total promoter group holding decreased marginally from 64.12% to 64.08%, remaining firmly above 50%, so control remains unaffected.

Likely market impact

The transaction is an intra-promoter group transfer and has no material impact on control or stock price, as the overall promoter holding barely changed. However, the near-complete exit of Altius Buildcon from the cap table may attract attention regarding future share reclassification.