The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for EL Dorado Guarantee Ltd
Awaiting price reaction for this filing.
E'L Dorado Guarantee Limited, a promoter entity of Lords Mark India Limited, has sold its entire holding of 4,90,051 equity shares, which represented 49.01% of the company's share capital. The transaction was carried out as an off-market sale on October 16, 2025. After the sale, the promoter entity's holding in Lords Mark India has come down to zero shares (0.00%), meaning the promoter entity has fully exited the company. The disclosure was filed under Regulation 29(2) of SEBI's Takeover Regulations, which is mandatory when a promoter group entity's shareholding changes. The total equity share capital of the company stands at 10,00,000 shares of Rs. 10 face value.
This is a significant event for shareholders — the promoter entity has completely exited, taking its 49.01% stake to 0%. This could signal a change in control of the company, and investors should watch for any forthcoming open offer announcement from a new acquirer, or any further disclosures about the new ownership structure.