The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shriram Group Executives Welfare Trsut & Other
SHRIRAMPPS · price
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Shriram Group Executives Welfare Trust (SGEWT), a promoter entity, disposed of 4,03,402 shares of Shriram Properties Holdings Private Limited (SPHPL) to Mr. M. Murali through an inter-se transfer between promoters. This represents a 5.91% indirect stake in Shriram Properties Limited. The transfer received SEBI approval under Regulation 11 and was executed on May 26, 2026. SGEWT's indirect holding decreased from 11.82% to 5.91% through SPHPL, while the direct holding remained unchanged at 0.14%. The total share capital of the company stayed at 17,06,54,392 equity shares, and the company explicitly states there is no change in the shareholding of the Target Company.
This is an intra-promoter group transfer with no impact on the actual shareholding or ownership structure of Shriram Properties Limited. The stock price is unlikely to be affected as the total promoter holding in the company remains unchanged.