Enbee Trade and Finance Limited has filed a regulatory disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 regarding a substantial disposal of shares by a promoter group member.
Key Transaction Details
- Acquirer/Seller: Bharathi Narendra Gala (Promoter Group member)
- Transaction Type: Sale of shares
- Mode of Acquisition/Disposal: Open Market transactions
- Transaction Period: June 29, 2026 to June 30, 2026
- Number of Shares Sold: 4,335,410 equity shares
- Percentage of Total Voting Capital: 0.61%
Pre-Transaction Holding (Before June 29, 2026)
- Shares carrying voting rights: 4,335,410 shares (0.61%)
- Shares under encumbrance (pledge/lien): Nil
- Voting rights otherwise than by shares: Nil
- Warrants/convertible securities: Nil
- Total Holding: 4,335,410 shares (0.61%)
Transaction Impact
- Shares sold carrying voting rights: 4,335,410 shares (0.61%)
- Voting rights otherwise sold: Nil
- Warrants/convertible securities sold: Nil
- Shares encumbered/invoked/released: Nil
- Total Disposal: 4,335,410 shares (0.61%)
Post-Transaction Holding (After June 30, 2026)
- Shares carrying voting rights: 0 shares (0%)
- Shares under encumbrance: Nil
- Voting rights otherwise than by shares: Nil
- Warrants/convertible securities: Nil
- Total Holding: 0 shares (0%)
Capital Structure Impact
- Equity share capital before sale: 697,286,312 shares
- Equity share capital after sale: 697,286,312 shares (unchanged)
- Total diluted voting capital: 697,286,312 shares
The transaction represents a complete exit of Bharathi Narendra Gala from the promoter group shareholding of Enbee Trade and Finance Limited, reducing their holding from 0.61% to 0% through open market sales.