The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jyotsna Poddar
ZUARI · price
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Jyotsna Poddar, identified as part of the promoter group and an immediate relative of Mr. Akshay Poddar, acquired 1,50,000 equity shares (0.36% of the diluted share capital) of Zuari Agro Chemicals Limited on 19th December 2025 by way of a gift. The transfer is exempt from an open offer under Regulation 10(1)(a) as it is an inter se transfer between immediate relatives within the promoter family. Post-transaction, Jyotsna Poddar's holding rises to 1,71,621 shares (0.41%), while Akshay Poddar's holding reduces to just 585 shares (0.00%). This is essentially an internal reshuffling of promoter-family holdings with no monetary consideration involved.
This is a non-material, intra-family transfer within the promoter group and has no direct impact on the stock price or overall promoter shareholding of the company. Retail investors should view this as neutral corporate disclosure.