The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Prashant Natwarlal Lakhani
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Prashant Natwarlal Lakhani, a member of the promoter group of Shree Krishna Infrastructure Ltd, has acquired 45,000 equity shares (0.41% of voting capital) on 17 July 2025. The acquisition was done through an off-market Share Purchase Agreement, not through open market purchases. Before the transaction, the acquirer held 53,43,763 shares (48.58%); after the acquisition, the holding rose to 53,88,763 shares (48.99%). The total equity share capital of the company stands at 1,10,00,000 shares of Rs. 10 each, unchanged by this transaction. This is a creeping acquisition by the promoter, and the disclosure is being made under Regulation 29(1) of the SEBI Takeover Regulations.
The promoter's stake has inched closer to the 50% threshold (now at 48.99%), signalling continued confidence in the company. While the increase is small and off-market, retail investors may view the promoter's incremental buying as a positive signal of long-term commitment, though it does not change the company's fundamentals.