The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....
TEXINFRA · price
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Awaiting price reaction for this filing.
Jyotsna Poddar, a promoter of Texmaco Infrastructure & Holdings, is set to acquire 1,00,000 shares (0.07% of share capital) from Akshay Poddar, also a promoter. The transfer is being made as a gift among the promoter group (immediate relatives) with no monetary consideration. The acquisition is expected to take place on or after 19th December 2025 and qualifies for exemption from making an open offer under Regulation 10(1)(a)(i). Post the transaction, Jyotsna Poddar's holding will go up from 0.49% (6,21,790 shares) to 0.56% (7,21,790 shares), while Akshay Poddar's holding will drop from 0.10% (1,33,552 shares) to 0.03% (33,552 shares). The filing also includes routine Reg 31(4) encumbrance declarations from both promoters confirming no new pledges have been created.
This is a purely internal restructuring within the promoter family — a nominal stake (just 0.07%) is being shifted as a gift, with no change in total promoter holding or any cash flow. It is unlikely to have any material impact on the stock price or minority shareholders.