The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sri Krishna Uppaluri
VELJAN · price
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Sri Krishna Uppaluri, a Key Managerial Personnel and member of the promoter group of Veljan Denison Ltd, acquired 253,752 fully paid-up equity shares (5.64% of total share capital) via inter-se transfer. The shares were received from Mrs. Chukkamamba Sri Velamati (nominee/surviving holder) pursuant to the registered will of the late promoter Mr. Chandra Sekhar Janardan Rao Velamati, dated 28.06.2019. The transaction was completed on 19.06.2025, moving his holding from nil to 5.64% (17.15% including persons acting in concert). This is a redistribution of promoter group shares within the family due to succession, not an open market purchase. The total equity capital of the company stands at Rs. 4.50 crores (45 lakh shares of Rs. 10 each).
No material impact on stock price expected as this is an internal family/will-based transfer within the promoter group, with no change in aggregate promoter holding or fresh capital deployed from the market. Shareholders should note that the promoter group remains intact and consolidated.