The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Namrata Garg
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Namrata Garg, part of the promoter group of SP Capital Financing Ltd, acquired 1,00,000 equity shares (1.66%) of the company through an inter-se transfer. Her holding increased from 45,600 shares (0.76%) to 1,45,600 shares (2.42%). The total equity capital of the company remains unchanged at 60,12,200 shares (face value Rs 10 each). The transaction was disclosed under Regulation 29(2) of the SEBI Takeover Regulations, 2011. This is essentially an internal reshuffle within the promoter family/group rather than a fresh purchase from the market.
Since this is an inter-se transfer among promoter group members, there is no change in the overall promoter holding or the company's share capital — so it is largely neutral for outside shareholders. It does signal promoter group consolidation around Namrata Garg.