The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sujata Jonnavittula & Others
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Sujata Jonnavittula, a member of the promoter group of Vedavaag Systems Ltd, acquired 25,84,960 equity shares (representing 11.02% voting rights) from her spouse, Mr. JSR Durga Prasad, through an off-market inter-se transfer by way of Gift. The transfer happened in two tranches: 19,09,560 shares on 05-12-2025 and 6,75,400 shares on 09-12-2025. Her individual holding rose sharply from 65,607 shares (0.28%) to 26,50,567 shares (11.30%). The total share capital of the company remains unchanged at Rs. 23,46,42,000 (2,34,64,200 equity shares), meaning the overall promoter group stake is unaffected — this is purely an internal family reshuffle.
No material impact on shareholders or stock price since this is a rearrangement of shares within the promoter family. Total promoter ownership in the company stays the same; only the individual within the group holding them has changed.