The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Som Distilleries Pvt Ltd & PACs
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Som Distilleries Private Limited, part of the promoter group of Som Distilleries & Breweries Ltd, was allotted 20,00,000 equity shares on April 25, 2025, increasing the promoter and PACs' combined stake from 38.75% to 39.34%. This is a marginal rise of about 0.97 percentage points in promoter holding, executed through a fresh allotment rather than an open market purchase. The company's share capital also expanded accordingly from 20,59,01,312 to 20,79,01,312 equity shares of Rs. 2 each. The disclosure has been filed under SEBI's Takeover Regulations by promoter Jagdish Kumar Arora on behalf of the promoter group.
Promoter confidence in the company is reaffirmed as insiders are increasing their stake via fresh allotment, though the change is small and does not materially shift control. The marginal dilution for non-promoters is negligible and unlikely to move the stock price meaningfully on its own.