The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sarvatra Finance Pvt Ltd
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Awaiting price reaction for this filing.
Promoter Mr. Arvind Lature transferred 4,97,600 equity shares (about 2% of total share capital) of Suyog Gurbaxani Funicular Ropeways Limited to Sarvatra Finance Private Limited, an entity owned and controlled by him. The transfer happened off-market on February 17-18, 2026. This is an internal reshuffle within the promoter group — shares moved from the individual promoter to a promoter-group company. After the transfer, Sarvatra Finance Pvt Ltd holds 4,97,600 shares (2%), while Mr. Lature's direct holding has reduced by the same amount.
No real change for retail shareholders — the overall promoter group's stake in the company remains unchanged since the shares simply moved from one promoter entity to another. The stock price is unlikely to be materially affected by this internal restructuring.