The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Pinky Rungta
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Mrs. Pinky Rungta, a promoter of Zenith Fibres Limited, has disclosed an acquisition of 2,51,600 equity shares (6.37%) on June 19, 2025. The shares were acquired through an inter-se transfer among promoter group entities — 2,01,600 shares (5.11%) from Alpha Stitch-Art Pvt. Ltd. and 40,000 shares (1.01%) from Alpha Overseas International Pvt. Ltd. — along with an open market purchase of 10,000 shares (0.25%). Her stake in the company increased from 25.47% (10,04,422 shares) to 31.84% (12,56,022 shares). The equity share capital remains unchanged at Rs. 3.94 crore divided into 39,44,136 shares of Rs. 10 each.
This is a promoter-level consolidation of shareholding within the existing promoter group, which typically signals internal restructuring rather than any change in overall promoter control. Shareholders are unlikely to see a material impact on stock price, though the open market purchase indicates some promoter confidence at current levels.