Sheshadri Industries Limited has submitted a regulatory disclosure to BSE Limited regarding share acquisition by its promoter. The disclosure was made under Regulation 29 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Transaction Details
Acquirer: Mr. Jeetender Kumar Agarwal (Promoter)
Pre-acquisition Holding:
- Shares carrying voting rights: 2,995,162 shares
- Percentage of total voting capital: 60.39%
- No shares were encumbered (pledge/lien/non-disposal undertaking)
- No voting rights otherwise than by shares
- No warrants/convertible securities/other instruments
- Total holding: 2,995,162 shares (60.39%)
Acquisition Details:
- Shares acquired: 237,981 equity shares
- Percentage of total voting capital: 4.80%
- Mode of acquisition: Off-market transaction
- Date of acquisition: 25th June 2026
Post-acquisition Holding:
- Total shares holding: 3,233,143 shares
- Percentage of total voting capital: 65.19%
Capital Structure Impact
Equity Share Capital:
- Pre and post transaction: ₹4,95,95,770 divided into 4,959,577 equity shares of ₹10 each
- No change in total share capital due to this transaction
- The acquisition represents a transfer of existing shares rather than new issuance