The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kaveri Kailash Darak
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Kaveri Kailash Darak, who is not part of the promoter/promoter group, has sold 30,000 equity shares of Tandhan Industries Ltd through an off-market transaction on 4 August 2025. After this sale, her holding stands at 30,000 shares, representing 2.73% of the company's total share capital. The disclosure was filed under SEBI's takeover regulations, which is triggered when an acquirer's holding crosses the 5% threshold, suggesting her stake has dropped below 5%. The company's total equity capital is 11,00,000 shares of Rs. 10 each. No promoter group involvement is indicated in this transaction.
This is a non-promoter, off-market share sale of a relatively small stake (2.73%), so it is unlikely to materially affect the stock price or promoter control of the company. Retail investors need not be concerned as no promoter selling or encumbrance activity is involved.