The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Smile Suppliers Pvt Ltd
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Smile Suppliers Pvt Ltd, a non-promoter entity, sold 9,50,000 equity shares (4.70%) of Thirani Projects Ltd via off-market transaction on May 12, 2025. Post-sale, Smile Suppliers' holding in the company dropped from 16,13,581 shares (7.98%) to 6,63,581 shares (3.28%). The disclosure is filed under Regulation 29(2) of SEBI (SAST) Regulations, 2011. The total equity share capital of Thirani Projects remains unchanged at 2,02,12,875 shares of Rs. 10 each.
The sale is by a non-promoter shareholder and is off-market, meaning it does not directly affect public float or stock price pressure. It signals a notable reduction in holdings by one entity, which investors may track for any further block deals or shifts in shareholder base.