The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for G S Sridhar
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G S Sridhar, a promoter of Stanpacks (India) Limited, disclosed an acquisition of 13,799 equity shares (0.23% of the company's share capital) under SEBI Takeover Regulations. The shares were received through an off-market inter-se transfer classified as a gift on September 22, 2025. His total holding has increased from 26,568 shares (0.44%) to 40,367 shares (0.67%) of the company. The company's total equity share capital remains unchanged at 6,09,60,000 shares. The disclosure was filed with BSE on September 24, 2025.
This is a minor intra-promoter-group reshuffle via a gift transfer with no material impact on total promoter shareholding or stock price. Shareholders should note no new capital was raised and the overall promoter group's stake in the company remains unchanged.