BSEStanpacks India LtdMediumNeutral
Announced Tue, 23 Sept · 17:46 IST

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

Ownership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

G V Chalapathi, a member of the promoter group of Stanpacks (India) Limited, has disclosed an inter-se transfer of shares carried out as an off-market gift on 22 September 2025 under SEBI SAST Regulation 29(2). The promoter's reported holding stands at 82,626 shares, representing 1.36% of the company's equity share capital of 60.96 lakh shares. Since this is an inter-se transfer within the promoter group, the aggregate promoter shareholding in the company remains unchanged. The disclosure was filed from Chennai and submitted to BSE where the company's shares are listed.

Likely market impact

This is merely a reshuffling of shareholding within the promoter group via a gift transaction; it does not change the total promoter stake in the company and therefore is unlikely to have any material impact on the stock price or minority shareholders.