The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rattan Kapoor & PACs
Awaiting price reaction for this filing.
Rattan Kapoor along with three Persons Acting in Concert (Lotus Excel Wealth Creators LLP, Bagepalli Vijayakumar Harish, and HODL Systems LLP) acquired 5,45,633 equity shares of Shamrock Industrial Company Ltd through off-market deals on 11 August 2025 and 26 September 2025. After this acquisition, the group's combined holding stands at 16,36,899 shares, representing 30.15% of the company's total equity. Importantly, the acquirer and PACs were non-promoters prior to this transaction but have now become promoters of the company following the change in control. The total equity share capital of the company is Rs. 5.43 crore (54.28 lakh shares of Rs. 10 each).
This signals a change of control at Shamrock Industrial Company Ltd, with a new promoter group now holding nearly a third of the company. Shareholders should expect further disclosures and potentially an open offer requirement under SEBI takeover rules, given the size of the new promoter holding.