The Exchange has received the disclosure under Regulation 18(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Arvinder Singh Pasricha
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Thrive Future Habitats Infra Private Limited (acquirer group includes Mr. Arvinder Singh Pasricha, Mrs. Aman Pasricha Balsara, Ms. Zinnia Pasricha, and PAC Mr. Tushar Rohinton Balsara) acquired 26,793 equity shares of Ador Multiproducts Limited at INR 7 per share on May 27, 2025, through a Share Purchase Agreement with Deep Ashda Lalvani. The acquirer's direct holding rose from 16.37% to 16.65% of the target company's equity. Total combined shareholding of acquirers and persons acting in concert increased from 71.53% to 71.81% of the current equity share capital, indicating they are steadily consolidating control during the open offer period.
The Pasricha family-led acquirer group continues to strengthen its grip on Ador Multiproducts, edging closer to the 75% takeover threshold. Shareholders should note the increasing concentration of ownership, which may reduce free float and signal tighter promoter control of the company.