The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kunjbihari Shah & PACs
ZODIAC · price
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Mr. Kunjbihari Shah, Promoter of Zodiac Energy Limited, along with Persons Acting in Concert (PACs), filed a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Mr. Kunjbihari Shah's individual shareholding rose from 58.42% (8,835,040 shares) to 69.89% (10,570,521 shares), an increase of 11.47 percentage points through an off-market inter-se gift transfer on September 12, 2025. Other PACs such as Jugalkishor Harikrishnadas Shah and Kunjbihari Jugalkishor Shah HUF saw corresponding reductions in their holdings as part of this internal re-arrangement. The company's total equity share capital is Rs.15.12 crore (15,123,690 equity shares of Rs.10 each).
This is a re-arrangement within the promoter/PAC group via gift and not a fresh market purchase, so no direct cash impact on the company. The lead promoter's consolidated holding is now around 70%, which signals stronger commitment from the founding family to the company.