The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Asia Global Trading (Chennai) Pvt Ltd
TAKE · price
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Awaiting price reaction for this filing.
Asia Global Trading (Chennai) Private Limited, part of the promoter/promoter group of Take Solutions Limited, sold its entire holding of 63,61,162 equity shares (4.30% of the company's share capital) through an off-market transaction on August 08, 2025. The disclosure was filed under Regulation 29(2) of SEBI (SAST) Regulations, 2011. As a result, the combined promoter group holding (Seller + PAC) reduced from 38.29% (5,66,42,152 shares) to 33.99% (5,02,80,990 shares). Other promoter group entities such as Take Solutions Pte Limited (33.90%) and Srinivasan H R (0.09%) continue to hold their existing stakes unchanged.
This is a notable stake sale by a promoter group entity, reducing the promoter group's overall holding by over 4 percentage points. Off-market transactions between promoter group entities may indicate internal restructuring rather than a market signal, but the exit of Asia Global Trading from the cap table is worth tracking. Investors should watch for any further disclosures regarding the buyer of these shares.