The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Pinky Rungta
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Mrs. Pinky Rungta, part of the promoter group of Zenith Fibres Ltd, acquired 2,41,600 equity shares (6.12%) on June 19, 2025, through an inter-se transfer within the promoter and promoter group entities. The shares were acquired from Alpha Stitch-Art Pvt. Ltd. (2,01,600 shares at ~Rs. 68.89/share) and Alpha Overseas International Pvt. Ltd. (40,000 shares at ~Rs. 69.34/share), aggregating to roughly Rs. 1.67 crore. She also bought 10,000 shares (0.25%) from the open market on the same day. As a result, her individual holding in the company rose from 25.47% (10,04,422 shares) to 31.59% (12,46,022 shares). Since this is an inter-se promoter group transfer under Regulation 10(1)(a), no open offer obligation was triggered, and total promoter group shareholding remains unchanged.
This is a reshuffling of shares within the promoter family rather than a change in the overall promoter group's ownership, so it is largely neutral for outside shareholders. However, Mrs. Rungta's personal stake has increased significantly to 31.59%, making her the single largest shareholder, which could give her more influence in company decisions going forward.