The Exchange has received the disclosure under Regulation 29(1) 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, sold 2,00,000 equity shares (0.58% of paid-up capital) on 9th June 2025. The shares were transferred through an inter-se transfer, meaning they moved within the promoter group rather than to the open market. The HUF's holding reduced from 8,75,000 shares (2.52%) to 6,75,000 shares (1.94%). The disclosure was filed under SEBI SAST Regulation 29(1) and also as Form C under PIT Regulation 7(2) read with 6(2). The company's total share capital stands at Rs.34.47 crore, comprising 3,44,70,000 equity shares of Rs.10 each.
Since the transaction is an inter-se transfer within the promoter group, there is no open-market supply pressure and minimal direct impact on the stock price. The overall promoter group holding is largely unchanged, though this individual HUF entity's stake has fallen to under 2%.