The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Powerscrren Media Pvt Ltd & PACs
Awaiting price reaction for this filing.
Powerscreen Media Pvt Ltd and PACs (promoter group of Indiabulls Enterprises) disclosed an inter-se (off-market) transfer of 2.16 crore shares (10.88% of total share capital) on May 9, 2025 to restructure promoter shareholding. Powerscreen Media fully exited its 54 lakh shares (2.72%). Inuus Developers and Valerian Real Estate each received 1.08 crore shares (5.44% each), while three Calleis-group entities (Calleis Constructions, Calleis Real Estate, Calleis Properties) each transferred out 54 lakh shares (2.72% each). The aggregate promoter group holding remained unchanged at 7.20 crore shares, i.e. 36.32% of the company. This is a book-keeping reshuffle within promoter entities, with no impact on overall promoter ownership or voting control.
No change in total promoter ownership or voting power; total promoter holding stays at 36.32%, well below 50%. Shareholders should see this as an internal reorganisation, not a buy or sell signal.