Afloat Enterprises Limited has submitted a regulatory disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, regarding the sale of shares by promoter group members.

The disclosure was submitted to BSE Limited on June 20, 2026, and represents a revised filing to correct an inadvertent typographical error from a previous disclosure dated June 19, 2026.

Transaction Details

Two persons acting in concert (PACs) from the promoter group sold an aggregate of 410,000 equity shares through open market transactions:

  • Mrs. Rukmani Devi Mittal sold 10,000 shares on June 15, 2026
  • Mrs. Kiran Mittal sold 150,000 shares on June 16, 2026
  • Mrs. Rukmani Devi Mittal sold an additional 250,000 shares on June 16, 2026

Shareholding Changes

Pre-transaction holding (as of June 15, 2026):

Total promoter group holding: 4,168,000 shares (33.19% of total voting capital)

Breakdown of individual holdings:

  • Pawan Kumar Mittal: 1,412,525 shares (11.25%)
  • Kiran Mittal: 296,303 shares (2.37%)
  • Rukmani Devi Mittal: 420,283 shares (3.35%)
  • Pawan Kumar Mittal HUF: 9,583 shares (0.08%)
  • Kailash Chand Mittal HUF: 1,926 shares (0.02%)
  • Priyanka Mittal: 8,214 shares (0.07%)
  • Lalita Mittal: 9,583 shares (0.08%)
  • Rohit Mittal: 9,583 shares (0.08%)
  • Ispatika International Limited: 2,000,000 shares (15.93%)

Post-transaction holding (as of June 16, 2026):

Total promoter group holding: 3,758,000 shares (29.93% of total voting capital)

Breakdown of individual holdings:

  • Pawan Kumar Mittal: 1,412,525 shares (11.25%)
  • Kiran Mittal: 146,303 shares (1.17%)
  • Rukmani Devi Mittal: 160,283 shares (1.27%)
  • Pawan Kumar Mittal HUF: 9,583 shares (0.08%)
  • Kailash Chand Mittal HUF: 1,926 shares (0.02%)
  • Priyanka Mittal: 8,214 shares (0.07%)
  • Lalita Mittal: 9,583 shares (0.08%)
  • Rohit Mittal: 9,583 shares (0.08%)
  • Ispatika International Limited: 2,000,000 shares (15.93%)

Capital Structure Impact

The company's equity share capital remains unchanged at 12,558,000 equity shares of ₹10 each, totaling ₹125,580,000. The transactions were open market sales and did not affect the total number of outstanding shares.