STERTOOLSBSESterling Tools Ltd-$MediumNeutral
Announced Fri, 21 Nov · 10:09 IST

The Exchange has received the disclosure under Regulation 29(1) & 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ayesha Aggarwal

Ownership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Ayesha Aggarwal, part of the promoter group, acquired 54,000 equity shares (0.15% of total share capital) of Sterling Tools Limited from her father Atul Aggarwal (Managing Director and promoter) through an off-market inter-se transfer by way of Gift on 20 November 2025. After the transfer, Ayesha Aggarwal's holding rose from 4.82% (17,45,166 shares) to 4.97% (17,99,166 shares), while Atul Aggarwal's holding declined from 26.25% (94,99,574 shares) to 26.10% (94,45,574 shares). The total promoter and promoter group shareholding in the company remains unchanged pre and post the transfer, as this is purely a reshuffling of shares between immediate relatives within the same promoter family.

Likely market impact

This is a routine family-level internal share reshuffle (gift between father and daughter), with no impact on total promoter group ownership or the company's share capital. Retail investors should see no material change in promoter control or voting power as a result of this filing.