The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ashima Gupta & Servesh Gupta HUF
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Ms. Ashima Gupta and Servesh Gupta HUF have disclosed the acquisition of 10,00,000 equity shares (2.53% of the total share capital) of USG Tech Solutions Ltd through open market on 28 March 2025. The shares were received via inter se transfer: 5,00,000 shares from Servesh Gupta to Ms. Ashima Gupta and 5,00,000 shares from Servesh Gupta to Servesh Gupta HUF. The acquirers are not part of the promoter/promoter group. Before the transaction they held nil shares, and post-transaction they hold 2.53%. The equity share capital remains unchanged at 39,41,42,000 divided into 3,94,14,200 equity shares of Rs. 10 each.
This is essentially a family-level reshuffling of shares between Servesh Gupta, his wife Ashima Gupta, and his HUF, with no change in total promoter/family holding and no impact on the share capital. Negligible impact on the stock price; the disclosure is procedural and routine.