The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Riaan Ventures Pvt Ltd
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Riaan Ventures Private Limited (a promoter group entity) acquired 25,99,555 equity shares (4.26% of paid-up capital) of Shradha AI Technologies from another promoter group entity, SGR Holdings Private Limited, on December 11, 2025. The shares were transferred at Rs. 38 per share, taking Riaan Ventures' holding from 4.35% to 8.61%, while SGR Holdings' holding went to nil. The transaction qualifies for exemption from the open offer requirement under Regulation 10(1)(a)(ii) as it is an inter-se transfer between promoters named in the shareholding pattern for over three years. Importantly, the aggregate promoter and promoter group shareholding remains unchanged before and after the transfer — it is an internal reshuffle among promoter entities.
No change in total promoter ownership means no impact on overall control or float of the stock. This is purely a reorganisation within the promoter group and is unlikely to move the share price, though it concentrates more shares under Riaan Ventures.