SHEKHAWATIBSEShekhawati Industries LtdHighNegative
Announced Wed, 20 May · 14:58 IST

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Altius Buildcon Pvt Ltd

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
-3.5%1-day move
₹14.35
prior close
₹13.81
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.9+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 representing 4.42% of the company's total share capital. The sale was executed via inter-se transfer between 18th May 2026 and 19th May 2026. Prior to the transaction, Altius held 15,24,925 shares (4.42%). After completion, Altius Buildcon's holding dropped to 0%, meaning it fully exited its position in the company. The total share capital of the company remains unchanged at 3,44,70,000 equity shares of Rs.10 each. This disclosure is made under Regulation 29(1) of SEBI SAST Regulations, 2011.

Likely market impact

Complete exit by a promoter group entity through inter-se transfer may indicate internal restructuring within the Ruia family promoter group. Investors should monitor whether the remaining promoter group entities are increasing or decreasing their collective holdings.