The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mukesh Ramniranjan Ruia HUF
SHEKHAWATI · price
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Mukesh Ramniranjan Ruia HUF, part of the promoter group of Shekhawati Industries Ltd, has disclosed a sale of 2,40,000 equity shares (0.70% of total share capital) under SEBI SAST Regulation 29(2). The HUF's holding dropped from 6,75,000 shares (1.96%) to 4,35,000 shares (1.26%). Simultaneously, SKI Buildcon Private Limited (also promoter group) saw its holding rise from 44,00,000 shares (12.76%) to 46,40,000 shares (13.46%), indicating an inter-se transfer between promoter group entities. The overall promoter group holding remains unchanged at 64.11% (2,21,01,425 shares). The transaction was executed on 29th July 2025.
This is an internal reshuffling within the promoter group and does not change the total promoter shareholding in the company. There is no impact on promoter control or overall ownership structure; minority shareholders are unaffected.