The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jyotsna Poddar
ZUARIIND · price
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Awaiting price reaction for this filing.
Jyotsna Poddar, part of Zuari Industries' promoter group, received 3,00,000 equity shares as a gift from her immediate relative Akshay Poddar on 19th December 2025. The off-market inter-se transfer raised her stake from 0.24% (71,621 shares) to 1.25% (3,71,621 shares) of the company's paid-up capital. Akshay Poddar, the gifting relative, is listed among persons acting in concert (PAC) along with other Poddar family entities such as Adventz Finance, Texmaco Infrastructure & Holdings, and related trusts. The disclosure was filed under SEBI's Takeover Regulations on 22nd December 2025.
This is a reshuffling within the promoter family and does not change the overall promoter group stake in Zuari Industries. For retail investors, there is no fundamental change in ownership structure or dilution, and the share price is unlikely to react meaningfully since no shares were traded in the open market.