The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rajasthan Global Securities Pvt Ltd
SUDARCOLOR · price
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Awaiting price reaction for this filing.
Rajasthan Global Securities Pvt Ltd, along with PAC LRSD Securities Pvt Ltd, sold its entire holding of 19,83,000 equity shares (8.59% of paid-up capital) in Heubach Colorants India Limited on 01.10.2025. The shares were tendered in the company's Open Offer, reducing the seller's stake from 8.59% to 0.00% (a complete exit). The seller is explicitly stated to NOT belong to the promoter or promoter group. The total equity capital of Heubach Colorants India Limited remains unchanged at 2,30,81,798 shares of Rs 10 each. A prior disclosure for 7.12% holding was filed on 03.06.2025.
This is a non-promoter entity fully exiting its position by tendering shares into the Open Offer, which suggests the open offer received good participation. It does not affect promoter holding and is unlikely to have a direct impact on share price, though it confirms the open offer was successfully subscribed.