The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Pushpadevi Poddar
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.9 pts less than Nifty Microcap 250 and 2.2 pts less than its Diversified peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Swasti Vinayaka Art and Heritage Corporation Ltd disclosed a change in promoter group holdings under SEBI's Takeover Regulations. Pushpadevi Poddar, a member of the promoter group, saw her holding go from 52,69,439 shares (5.85% of voting capital) to zero shares. The mode of transfer was 'Transmission,' which typically means the shares moved out of her name due to inheritance or succession rather than a market sale. The company's total equity share capital remains unchanged at ₹9 crore (9 crore shares of ₹1 each). The disclosure is signed by Dinesh Ramprasad Poddar, suggesting the shares were likely transmitted to another family member within the promoter group.
This is an internal promoter-family transmission event and not a market sale, so it is unlikely to impact the stock price. Shareholders should watch for any follow-up disclosure from Dinesh Ramprasad Poddar or other promoter group members to confirm where these shares have ultimately landed and whether overall promoter group holding has shifted.