The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shree Krishna Infrastructure Ltd
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Shree Krishna Infrastructure Ltd, part of the promoter group of Sungold Media and Entertainment Ltd, has filed a disclosure under SEBI's Takeover Regulations for an inter-se transfer of shares. The acquirer reported holding 9,01,090 equity shares (8.19% of the company) both before and after the transaction, indicating that 9,01,090 shares were transferred between promoter group entities rather than from outside the promoter group. The mode of transfer was off-market inter-se transfer, executed on 9 July 2025. Sungold Media is listed on the SME platform of BSE (Scrip Code: 541799) with a total equity capital of 1.10 crore shares of Rs 10 each. Since this is an inter-se transfer within the promoter group, the total promoter shareholding in the company remains unchanged.
For shareholders, this is a neutral event because the overall promoter group stake does not change — only the internal holding entity changes. The stock is on BSE's SME platform, which typically means lower liquidity and limited float for retail investors.