The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Bharti Overseas Pvt Ltd, Bharti (Satya) Trustees ....
SUNDROP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Bharti Overseas Private Limited, along with PACs Bharti (Satya) Trustees Pvt Ltd and Bharti Enterprises Ltd, has disclosed a change in shareholding of Sundrop Brands pursuant to a Composite Scheme of Arrangement approved by the NCLT. Three transferor entities — Bharti (SBM) Holdings, Bharti (RM) Holdings, and Bharti (RBM) Holdings — merged into Bharti Overseas Private Limited effective January 20, 2026. As a result, 68,98,877 equity shares (18.29% of paid-up capital) of Sundrop Brands stand transferred to Bharti Overseas. However, the total combined holding of the acquirer and PACs remains unchanged at 79,02,493 shares (20.95%) before and after the merger. The acquirer is explicitly not part of the promoter/promoter group of Sundrop Brands.
This is a purely internal group restructuring with no change in ultimate economic ownership or voting power — shareholding remains at 20.95%. Neutral event for shareholders; no impact on stock price expected as no new stake has been acquired from the market.