Nature of Disclosure: Regulatory filing under SEBI Takeover Regulations 29(1) and (2) regarding acquisition of shares by promoter/promoter group entities.
Details of Acquisition:
- Acquisition Type: Off-market transfer between promoter group companies
- Acquirer: Reliance Sheet Works Pvt. Ltd. (promoter group company)
- Seller: Agro Chemicals And Fertilizers Ltd. (promoter group company)
- Number of Shares Acquired: 3,990 equity shares
- Percentage of Total Voting Capital: 0.01%
- Date of Acquisition: 25th June, 2026
Shareholding Before and After Acquisition:
- Total equity share capital remains unchanged at 28,093,308 shares
- Pre-acquisition promoter holding: 28,064,327 shares (65.64%)
- Post-acquisition promoter holding: 28,093,308 shares (65.64%)
- No change in overall promoter group percentage holding
Promoter Group Composition:
The disclosure identifies 16 promoter/promoter group entities including:
- 10 individual promoters (Sunil Kumar Khaitan, Sunita Khaitan, Umaesh Khaitan, etc.)
- 6 corporate promoter entities (Reliance Sheet Works Pvt. Ltd., Amit Commercial Co. Ltd., Sumangla Investment Co. Ltd., etc.)
Detailed Shareholding Breakdown (as of 29.06.2026):
- Reliance Sheet Works Pvt. Ltd.: 7,255,471 shares (16.97%) - includes 3,990 shares acquired
- Amit Commercial Co. Ltd.: 7,230,132 shares (16.91%)
- Vedant Khaitan: 1,240,753 shares (2.90%)
- Other individual promoters hold between 0.13% to 2.90% each
- Corporate promoters hold between 0.20% to 16.97% each
Encumbrance Details:
- Total 12,399,000 promoter shares pledged with Kotak Mahindra Bank Ltd.
- Breakup of pledged shares:
- Mr. Sunil Khaitan: 200 shares
- Amit Commercial Co. Ltd.: 5,398,800 shares
- Reliance Sheet Works Pvt. Ltd.: 7,000,000 shares
Regulatory References:
- Filed under Regulation 29(1) & (2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
- Part-B of the disclosure is marked for stock exchange filing but not for public dissemination
Financial Impact:
No material financial impact disclosed as transaction represents internal transfer within promoter group with no change in overall ownership percentage.