The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ashok Kumar Agarwal & Others
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Mr. Ashok Kumar Agarwal, Director and part of the promoter group, gifted 30,000 equity shares (0.09% of total share capital) to Mrs. Yamini Agarwal on 11th February 2026 via an off-market inter-se transfer. Before the transfer, his individual holding was 32,18,143 shares (10.07%), which reduced to 31,88,143 shares (9.98%). The total promoter and promoter group holding remains unchanged at 72.83% (2,32,41,004 shares) since the transfer is within the promoter family. Mrs. Yamini Agarwal now holds 30,000 shares (0.09%) as a new member of the promoter group.
This is a routine internal reshuffling of shares within the promoter family (a gift to a family member) and does not change the total promoter ownership or affect minority shareholders. No material impact on the stock price is expected as the overall promoter stake remains intact at 72.83%.