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, part of the promoter group of Shree Krishna Infrastructure Ltd, has acquired 43,08,763 equity shares (39.17% of paid-up capital) through an off-market Share Purchase Agreement dated 15 July 2025. Before the deal, he held 9,90,000 shares (9.00%); after the acquisition, his holding rises to 52,98,763 shares (48.17%). The company has total equity share capital of 1,10,00,000 shares of Rs. 10 each. This disclosure was filed under Regulation 29(1) of SEBI Takeover Regulations to inform the stock exchange of the substantial change in shareholding.
The promoter has significantly strengthened his control in the company, moving from a minority 9% stake to nearly half the company (48.17%). While this signals promoter confidence, the holding remains just below the 50% mark, and shareholders should watch for any potential open offer obligation triggered by crossing SEBI Takeover thresholds.