The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for G Sudhakar
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G Sudhakar, a member of the promoter group of Stanpacks (India) Limited, disclosed a transfer of 2,996 equity shares (about 0.05% of paid-up capital) via an off-market inter-se transfer classified as a 'gift'. Before the transfer, G Sudhakar held 4,494 shares (0.07%); after the transfer, the holding stands reduced to 1,498 shares (0.02%). The total share capital of the company remains unchanged at 6,09,60,000 equity shares. The transaction was carried out on 21 May 2025 and reported to BSE on 22 May 2025. Since this is an inter-se transfer within the promoter group, the overall promoter shareholding of the company is not affected.
This is a routine internal reshuffle within the promoter family with negligible impact on the company's promoter holding or stock price. Retail investors need not be concerned as no material change in ownership or control is taking place.