BSEStanpacks India LtdMediumNeutral
Announced Fri, 23 May · 11:22 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for G S Sarojini

Ownership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

G S Sarojini, a member of the promoter group of Stanpacks India Ltd, has filed a disclosure under SEBI's Takeover Regulations regarding an off-market inter-se transfer (gift) of 77,800 shares, which equals 1.28% of the company's paid-up equity share capital. Her individual holding in the company remains unchanged at 77,800 shares (1.28%) before and after the transaction, indicating that the shares were transferred to another promoter group entity with no net change in her personal stake. The total share capital of the company stands at 6,09,60,000 equity shares, and the transaction was carried out on 21-05-2025. This is essentially an internal reorganization within the promoter family and does not change the overall promoter group's stake in the company.

Likely market impact

Since this is a gift-based inter-se transfer within the promoter group with no change in the transferor's holding or the overall promoter stake, there is no material impact on the company's ownership structure or minority shareholders. Investors should view this as a routine intra-family reshuffle of shares with no dilution or change in control.