The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vinodkumar Babulal Agrawal
Awaiting price reaction for this filing.
Vinodkumar Babulal Agrawal, a Person Acting in Concert (PAC) with the promoter group of Krishna Capital and Securities Ltd, acquired 17,100 equity shares on 10 June 2025. The shares were received via transmission from Kamladevi Agrawal, indicating an internal family transfer rather than a market purchase. His holding in the company increased from 80,100 shares (2.5360%) to 92,700 shares (2.9350%). The total share capital of the company is Rs. 3.16 crore divided into 31,85,400 equity shares of Rs. 10 each. The disclosure was filed with BSE on 12 June 2025. As a PAC with the promoter group, this increases the overall promoter family stake in the company.
This is a passive, non-market transfer between promoter-related entities (likely a family member's estate being transferred), so it has no real impact on share price or float. Promoter-group holding in the company remains very small at around 2.93%, well below any control threshold.