BSEFoundry Fuel Products LtdMediumNeutral
Announced Wed, 1 Apr · 12:04 IST
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shrutika Agarwalla
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Promoter Shrutika Agarwalla has transferred 1,47,550 shares (1.84% of total share capital) to fellow promoter Mr. Devendra Kumar Agarwalla via gift on 30.03.2026. Before the transfer, Shrutika held 1,47,550 shares representing 1.84% of the company's total equity capital of 80,18,750 shares. After the gift transfer, Shrutika's holding has reduced to zero, meaning she no longer holds any shares in the company. This is an inter-promoter transfer within the promoter group, with no change in the total promoter group holding.
Likely market impact
Neutral for the company as this is an internal redistribution of promoter holdings. Devendra Kumar Agarwalla's stake increases while Shrutika exits as a shareholder.