The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Anil Aggarwal
STERTOOLS · price
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Anil Aggarwal, Chairman and Whole Time Director of Sterling Tools Limited and part of the promoter group, disclosed a disposal of 10,00,000 equity shares (2.75% of paid-up capital) on 5th June 2026. The shares were transferred off-market as a gift to immediate relatives within the promoter and promoter group. His personal shareholding declined from 61,10,583 shares (16.81%) to 51,10,583 shares (14.06%). Importantly, the filing explicitly states there is no change in the total shareholding of the promoter and promoter group before and after the transfer, meaning this is purely a reshuffle within the promoter family and not an exit.
No material impact on the stock or shareholders — this is an internal family transfer (gift) within the promoter group, and the combined promoter holding with the company remains unchanged. Retail investors should not read this as a promoter losing confidence or reducing overall stake in the company.