Acquisition Details
- Date of Acquisition: 30th September, 2026
- Total Shares Transferred: 6,47,51,092 equity shares
- Percentage of Paid-up Capital: 3.51%
- Transaction Type: Off-market transfer by way of gift without monetary consideration
- Regulation Exemption: Relied upon Regulation 10(1)(a)(ii) for inter-se transfer among immediate relatives who are members of promoters and promoters' group
Acquirer Details
Primary Acquirer Contact: Rudra Sen Sindhu, 23, Rajdoot Marg, Diplomatic Enclave, Chanakyapuri, New Delhi 110021, Telephone: 0124-2779000/9044, Email: rudra@acbindia.com
Individual Acquirers and Shareholding Changes:
- Rudra Sen Sindhu: Increased from 87,912,000 shares (4.77%) to 118,325,433 shares (6.42%)
- Vir Sen Sindhu: Increased from 108,097,500 shares (5.87%) to 142,435,159 shares (7.73%)
Seller Details and Shareholding Changes
- Vrit Pal Sindhu: Decreased from 299,597,880 shares (16.26%) to 234,846,788 shares (12.75%)
- Satya Pal Sindhu: Decreased from 111,329,280 shares (6.04%) to 93,965,815 shares (5.10%)
- Dev Suman Sindhu: Decreased from 101,003,400 shares (5.48%) to 84,029,206 shares (4.56%)
- Additional Seller: Decreased from 87,265,200 shares (4.74%) to 56,851,767 shares (3.09%)
Transaction Breakdown (Annexure-I)
1. Vir Sen Sindhu acquired 16,974,194 shares (0.92%) from Satya Pal Sindhu
2. Vir Sen Sindhu acquired 17,363,465 shares (0.94%) from Vrit Pal Sindhu
3. Rudra Sen Sindhu acquired 30,413,433 shares (1.65%) from Dev Suman Sindhu
Promoter Group Holdings
Total Promoter Group Holding: Remained unchanged at 73.93% (1,352,022,278 shares) post-transaction
Key Promoter Group Entities:
- Paramitra Holdings Private Limited: 228,000,000 shares (12.38%)
- Indo Pacific Partners (PTC) Limited: 206,053,398 shares (11.18%)
- Abhimanyu Sindhu: 81,774,000 shares (4.44%)
- Various HUF entities and family members maintaining unchanged holdings
Relationship Confirmation
- Acquirers and sellers confirmed as immediate relatives as defined in Regulation 2(1) of SEBI Takeover Regulations
- Declaration provided that all conditions under Regulation 10(1)(a)(i) have been complied with
- Confirmed compliance with Chapter V disclosure requirements of Takeover Regulations
Additional Information
- No price per share applicable as transaction was by gift without consideration
- Volume-weighted average market price calculation not applicable
- Document signed by Rudra Sen Sindhu and Vir Sen Sindhu as acquirers
- Copy sent to Company Secretary & Compliance Officer at 129, Transport Centre, Rohtak Road, Punjabi Bagh, Delhi-110035