The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ravi Kotia
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Awaiting price reaction for this filing.
Ravi Kotia, classified as a promoter of Shree Krishna Infrastructure Ltd, disclosed an off-market sale of shares on July 15, 2025 under SEBI SAST Regulation 29(2). His holding fell sharply from 35,88,763 shares (32.63%) to just 45,000 shares (0.41%), a reduction of over 32 percentage points. The shares carrying voting rights went from 32.63% to 0.41%, and no encumbrance details were disclosed. The mode of sale was off-market, and the company's total share capital remained unchanged at ₹11 crore (1.10 crore equity shares of ₹10 each).
This is a near-complete promoter exit, which could be interpreted negatively by retail investors as a signal of reduced promoter confidence. However, the off-market nature suggests it may be a transfer to a related party rather than a market exit, so investors should watch for follow-up disclosures about the buyer.