The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Lakshana Amit Sharma
SMARTLINK · price
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Awaiting price reaction for this filing.
Lakshana Amit Sharma, a member of the promoter group of Smartlink Holdings Ltd, acquired 2,02,892 equity shares (2.03% of paid-up capital) via an off-market inter-se transfer as a gift from her mother, Mrs. Sudha Kamalaksha Naik, on December 22, 2025. Her holding in the company rose from 7,94,608 shares (7.97%) to 9,97,500 shares, taking her stake to exactly 10.00% of the equity capital. The total share capital of the company remains 99,75,000 equity shares of Rs. 2 each, and no shares were encumbered. Since this is a family transfer (gift) and not a market purchase, there is no change in the overall promoter group's combined holding in the company.
This is a non-market, family-level reshuffle of promoter shares with no cash transaction, so it should not directly impact the stock price. However, Lakshana Amit Sharma's individual stake has now reached the 10% substantial acquisition threshold, meaning any further acquisition of even 2% more will trigger open offer obligations under SEBI takeover rules.