Siemens Syntex Private Limited has made a formal regulatory disclosure to B & A Limited, BSE Limited, and the National Stock Exchange of India Limited. The disclosure is mandated under Regulation 29(1) and 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
The disclosure pertains to an off-market sale of equity shares in B & A Limited. This sale was not a voluntary market transaction but was conducted specifically to cover a short delivery of 50 equity shares. The short delivery event occurred on August 17, 2026, and Siemens Syntex received formal intimation of this obligation from the stock exchange on August 19, 2026. The sale was executed on the same day the intimation was received, August 19, 2026.
Key Quantitative Figures & Shareholding Impact
- Number of Shares Sold: 50 equity shares
- Percentage of Total Paid-Up Capital: 0.001%
- Percentage of Total Diluted Voting Capital: 0.001%
- B & A Limited's Total Equity Share Capital: Remained unchanged at ₹31,000,000 (Rs. 31,000,000/-) before and after the transaction.
Parties Involved
Seller: Siemens Syntex Private Limited (Not part of the promoter/promoter group of B & A Limited).
Persons Acting in Concert (PACs) with the Seller: The disclosure identifies six PACs whose holdings are consolidated with Siemens Syntex for regulatory purposes:
1. Amrex Marketing Pvt Ltd
2. Dalhousie Holdings Ltd
3. Bhubnesh Commercial Pvt Ltd
4. Keshav Parasramka
5. Krishnam Parasramka
6. Maruti Traders and Investors
Shareholding Details
Pre-Transaction Holding (as of August 19, 2026, before sale):
The combined holding of Siemens Syntex and its six PACs was 353,991 shares, representing 11.418% of B & A Limited's total paid-up share capital and voting capital.
Post-Transaction Holding:
Following the sale of 50 shares by Siemens Syntex, the combined holding decreased to 353,941 shares. This represents 11.417% of B & A Limited's total paid-up share capital and voting capital.
The change in holding was solely due to Siemens Syntex's sale. The individual holdings of all six PACs remained completely unchanged. The specific change for Siemens Syntex was from 87,386 shares (2.818%) to 87,336 shares (2.817%).
Mode and Rationale of Transaction
Mode of Sale: Off-market transaction.
Stated Rationale: The sale was conducted explicitly on account of a short delivery of 50 shares pertaining to a trade dated August 17, 2026, as formally intimated by the stock exchange.