The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for HODL Systems LLP & PACs
Awaiting price reaction for this filing.
HODL Systems LLP, along with three persons acting in concert (PACs) — Lotus Excel Wealth Creators LLP, Rattan Kapoor, and Bagepalli Vijayakumar Harish — have disclosed acquisition of 16,36,899 equity shares (30.15%) of Shamrock Industrial Company Ltd via an off-market secondary transaction from the company's existing promoters on 27 September 2025. Each of the three PACs individually acquired 5,45,633 shares (10.05%). HODL Systems LLP itself did not purchase any shares. Prior to this transaction, the acquirer and PACs were non-promoters; following the acquisition, combined with an earlier transaction on 11 August 2025, they have taken control and become the new promoters of the company.
This marks a change of control at Shamrock Industrial Company Ltd, with a new promoter group now collectively holding 30.15% of the equity. Existing promoters have fully exited via the off-market deal. Shareholders should expect a mandatory open offer to follow under SEBI takeover rules if not already triggered, and monitor for any changes in board composition or business direction under the new promoter group.