The Exchange has received the disclosure under Regulation 10(7) in respect of acquisition under Regulation 10(1)(a)(i)of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....
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Super Sales India Limited's promoter group members have completed an inter-se transfer of 3,00,000 equity shares (9.77% of share capital) on December 23, 2025. LMW Limited (formerly Lakshmi Machine Works Limited), a promoter group entity, sold its entire 9.77% stake to four other promoter entities at Rs. 725 per share, for a total transaction value of about Rs. 21.75 crores. Sanjay Jayavarthanavelu received 96,550 shares (3.14%), Shivali Jayavarthanavelu received 69,000 shares (2.25%), Revantha Services Private Limited received 93,150 shares (3.03%), and Quattro Engineering India Private Limited received 41,300 shares (1.34%). The combined promoter and promoter group holding stays unchanged at 59.43% before and after the transaction. Since both the transferor and all acquirers are part of the promoter group, the deal is exempt from open offer requirements under Regulation 10(1)(a)(i) of the SEBI Takeover Regulations. SEBI filing fees of Rs. 1,77,000 were paid on December 30, 2025.
This is purely an internal reshuffle among members of the same promoter family — overall promoter control and voting power in the company remain unchanged at 59.43%, so there is no dilution of promoter holding or shift in control. Shareholders should treat this as a routine portfolio rebalancing within the promoter group rather than a signal of any change in ownership or strategic direction.