Steel Strips Wheels Limited has filed a regulatory disclosure with BSE Limited and National Stock Exchange of India Limited regarding acquisition of equity shares by promoter Sunena Garg.

Acquisition Details

  • Acquirer: Sunena Garg (Promoter)
  • Date of Acquisition: 07-09-2026
  • Number of Shares Acquired: 48,000 equity shares of face value ₹1 each
  • Mode of Acquisition: Open Market purchase
  • Percentage of Total Capital: 0.03% of total share capital

Shareholding Changes

Before Acquisition (Sunena Garg):

  • Shares carrying voting rights: 5,599,574 shares (3.56%)

After Acquisition (Sunena Garg):

  • Shares carrying voting rights: 5,647,574 shares (3.59%)

Total Promoter Group Holding:

  • Before acquisition: 96,103,152 shares (61.11%)
  • After acquisition: 96,151,152 shares (61.14%)

Capital Structure

  • Equity Share Capital: ₹15,72,65,105 divided into 157,265,105 equity shares of face value ₹1 each
  • Total Voting Capital: Unchanged at 157,265,105 shares
  • Total Diluted Share/Voting Capital: Unchanged at 157,265,105 shares

Persons Acting in Concert (PAC)

The disclosure includes detailed annexure of all promoter group entities with their shareholdings before and after the acquisition. Major entities include:

  • Dheeraj Garg: 46,402,280 shares (29.51%)
  • RK Garg: 3,055,333 shares (1.94%)
  • Priya Garg: 845,620 shares (0.54%)
  • Sab Industries Limited: 13,241,870 shares (8.42%)
  • S A B Udyog Limited: 11,425,820 shares (7.27%)
  • Chandigarh Developers Private Limited: 6,047,935 shares (3.85%)
  • DHG Marketing Private Limited: 5,010,940 shares (3.19%)

Financial Impact

The acquisition represents a minor increase in promoter holding with no change to the company's total share capital or diluted capital structure.