The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....
ZUARI · price
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Jyotsna Poddar, a promoter of Zuari Agro Chemicals, will acquire 1,50,000 shares (0.36% of share capital) from Akshay Poddar, another promoter, on or after 19th December 2025. The transfer is a gift among promoter group relatives with no monetary consideration, exempting the acquirer from making an open offer under Regulation 10(1)(a)(i). Post-transaction, Jyotsna Poddar's holding will rise from 0.05% (21,621 shares) to 0.41% (1,71,621 shares), while Akshay Poddar's holding will drop from 0.36% to a negligible 585 shares. The filing also includes routine Regulation 31(4) declarations confirming no encumbrances were created on the shares in FY23, FY24, and FY25.
This is a non-market internal reshuffle of shares within the promoter family and will not affect the company's free float, promoter group's overall control, or trigger any open offer obligation. Shareholders should see no material impact on the stock price or ownership structure beyond a minor reallocation among promoter relatives.