The Exchange has received the disclosure under Regulation 29(2) 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, sold 1,66,250 equity shares (1.51%) through open market on 6 October 2025. His holding decreased from 48,72,513 shares (44.30%) to 47,06,263 shares (42.78%). The transaction was disclosed under Regulation 29(2) of SEBI Takeover Regulations. The total equity share capital of the company stands at 1,10,00,000 shares of Rs. 10 each.
Promoter selling shares in the open market can be viewed negatively by retail investors as it may signal reduced promoter confidence. The promoter stake has dropped further below 50%, leaving the company without majority promoter control. Shareholders should watch for further promoter selling or any change in management control.