The Exchange has received the disclosure under Regulation 10(7) in respect of acquisition under Regulation 10(1)(a)(ii)of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....
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Paramount Park Limited (Promoter Group entity) acquired 62,29,200 equity shares representing 53.08% of the paid-up capital of Thakral Services India Ltd from two fellow promoter group entities — Thakral Investments Holdings (Mauritius) Ltd (22,00,000 shares, 18.75%) and TIL Investments Pvt. Ltd (40,29,200 shares, 34.33%) — at INR 13.80 per share through an off-market inter-se transfer on February 16, 2026. As a result, Paramount Park's stake in the company jumped from 20.92% (24,55,000 shares) to 74% (86,84,200 shares). The aggregate promoter and promoter group holding before and after the transfer remains unchanged, and no open offer is triggered as the transaction qualifies for exemption under Regulation 10(1)(a)(i) of SEBI SAST Regulations.
This is an internal reshuffling within the promoter group and does not change the total promoter ownership in the company, so there is no direct impact on minority shareholders or the stock price. However, control is now more concentrated in Paramount Park Limited, which holds a decisive 74% stake.