Nature of the Disclosure
Disclosure pursuant to Regulation 29(2) of Securities Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 regarding disposal of shares by promoter Mr. Ramesh Chander Gupta.
Key Quantitative Figures
- Shares disposed: 186,002 equity shares by Ramesh Chander Gupta
- Pre-disposal promoter group holding: 1,098,309 shares (21.37% of total voting capital)
- Post-disposal promoter group holding: 912,307 shares (17.75% of total voting capital)
- Holding reduction: 3.62 percentage points
- Total share capital: ₹5,13,87,770 divided into 51,38,777 equity shares of face value ₹10 each (unchanged)
Dates of Action
- Date of share sale: 31 August 2026
- Disclosure date: 01 September 2026
- Company filing date: 02 September 2026
Parties Involved
Disposer: Ramesh Chander Gupta (Promoter)
Promoter Group Entities (Post-disposal holding):
- Krishna Gupta: 73,902 shares
- Ramesh Chander Gupta (HUF): 51,000 shares
- Akshat Gupta: 2,500 shares
- Shruti Gupta: 82,000 shares
- APL Fincap Limited: 691,505 shares
- Vimal Kumar Singal: 9,400 shares
- Arcee Ispat Udyog Limited: 700 shares
- Kamlesh Singal: 400 shares
- Bhagwati Devi Singal: 300 shares
- Deepak Gupta: 200 shares
- Ruchi Gupta: 100 shares
- Santosh Gupta: 100 shares
- S. C. Gupta: 200 shares
Transaction Details
- Mode of sale: Open Market
- No shares were encumbered (pledge/lien/non-disposal undertaking) before or after the disposal
- No warrants/convertible securities or voting rights otherwise than by shares were involved
Capital Structure Impact
- Total share capital remains unchanged at ₹5,13,87,770
- Total number of shares remains unchanged at 51,38,777 equity shares of ₹10 each
- Promoter group voting rights reduced from 21.37% to 17.75%
Document Preparation
Prepared by Srishti, Company Secretary & Compliance Officer of Arcee Industries Limited.