SHEKHAWATIBSEShekhawati Industries LtdMediumPositive
Announced Thu, 31 Jul · 15:26 IST

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

Promoter Stake BuyOwnership 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

Awaiting price reaction for this filing.

AI summary

SKI Buildcon Private Limited, part of the promoter group of Shekhawati Industries Ltd, acquired 2,40,000 equity shares (0.70% of paid-up capital) on 29th July 2025. Post-acquisition, SKI Buildcon's stake rose from 12.76% (44,00,000 shares) to 13.46% (46,40,000 shares). The total promoter group holding remains unchanged at 64.11% (2,21,01,425 shares), indicating an internal reshuffle within the promoter group. Correspondingly, Mukesh Ramniranjan Ruia HUF's holding decreased from 1.94% to 1.26%, suggesting the shares were transferred from this HUF entity to SKI Buildcon. The disclosure was filed under Regulation 29(2) of SEBI (SAST) Regulations, 2011.

Likely market impact

No change in overall promoter group control or voting power (still 64.11%). This is an internal restructuring among promoter entities and has no material impact on minority shareholders or stock price. Promoters continue to maintain a strong majority stake.