The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shubhalakshmi Polyesters Ltd & Others
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.3 pts less than Nifty Microcap 250 and 0.2 pts less than its Commodity Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Shree Hari Chemicals Export Ltd's promoter group acquired 6,05,494 equity shares (10.93% of share capital) through conversion of Compulsorily Convertible Debentures (CCDs) that were originally allotted on 15 November 2024. The allotment was completed on 4 December 2025. The acquirers include Shubhalakshmi Polyesters Ltd (5.16%), Gayatri Devi Agarwal (2.31%), Kanta Agarwal (1.73%), and Suman Agarwal (1.73%). Following this conversion, the total promoter group holding has risen from 54.25% to 59.24% of the company's equity capital. The company's total share capital also expanded from Rs. 4.93 crore (49.32 lakh shares) to Rs. 5.54 crore (55.38 lakh shares) as a result.
This is a positive signal for shareholders as promoters are deepening their commitment to the company rather than diluting their stake. The increase in promoter holding to nearly 60% reduces the free float available in the market, which could limit liquidity but signals confidence in the company's prospects.