Update w.r.t. Transfer of Equity Shares of Shradha AI Technologies Limited pursuant to Order of Scheme of Merger between Zenith Commotrade Pvt Ltd and Femina Infrastructures Pvt Ltd passed ....
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Shradha AI Technologies informed exchanges that 28,92,315 equity shares (face value Rs. 2 each) held by promoter group entity Zenith Commotrade Private Limited have been transferred to another promoter group entity, Femina Infrastructures Private Limited, effective 30th September 2025. This transfer follows a scheme of merger between the two promoter group entities, approved by an order from the Regional Director, Ministry of Corporate Affairs (Western Region), Mumbai dated 23rd June 2025. The company clarified that there is no change in the overall shareholding pattern or paid-up capital — only the identity of the promoter group entity holding the shares has changed. This is purely an internal restructuring within the promoter group.
No material impact on shareholders or stock price — this is a procedural update reflecting an internal reorganization within the promoter group. Total promoter shareholding and paid-up capital remain unchanged, so there is no change in control or ownership structure.