The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jyoti Dinesh Nandwana
VAKRANGEE · price
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Vakrangee Limited has informed the exchanges about the transmission of 1,75,00,000 promoter shares (1.615% of total equity capital) from Late Mr. Dinesh Nandwana, a promoter of the company, to his wife Mrs. Jyoti Dinesh Nandwana. The mode of acquisition is transmission of shares (i.e., transfer due to the death of the original holder), and not a market purchase or sale. Mrs. Jyoti Nandwana now holds 1.615% of Vakrangee's equity capital in her individual capacity as part of the promoter group. The total equity share capital of the company remains unchanged at Rs. 1,08,31,91,807. The date of acquisition/intimation is June 3, 2025.
This is a family-level transmission of promoter shares due to the demise of an existing promoter, with no change in the overall promoter group stake or the company's capital structure. Shareholders should view this as a neutral, procedural event with no direct impact on stock price or promoter control.