Tag

Ownership Change

17 articles
Ownership changes are reshaping the Indian corporate landscape, with several companies experiencing shifts in control and promoter holdings. Mitshi India saw promoters sell a significant 15.57% stake, triggering an open offer, while Bohra Industries is reclassifying its promoters following a recent open offer. Elsewhere, Kkalpana Plastick's promoters are selling a majority stake, and Glittek Granites has seen a complete change of control as sellers ceased to be promoters. These developments highlight a trend of strategic realignments and potential shifts in corporate governance, which investors should monitor closely for implications on future performance and shareholder value.
Saripalli Karunakar Acquires 20.36% Samkrg Pistons via Transmission
Saripalli Karunakar, Promoter & MD, acquired 20 lakh shares (20.36% stake) in Samkrg Pistons via transmission from his deceased father on August 17, 2026. His total holding increased from 5.98% (586,9
Mihir Shah Acquires 3.77 Lakh Parnax Lab Shares via Gift
Mihir Shah, a promoter of Parnax Lab, acquired 377,355 equity shares from fellow promoter Baiju Shah via inter-se gift transfer on July 21, 2026. The transaction falls under SEBI Takeover Regulations
Aarcon Facilities Promoter HUF Sells 138300 Shares
Bharat Ramchandra Gupta (HUF), a promoter of Aarcon Facilities, sold 138,300 equity shares via off-market transaction on August 4, 2026. The sale reduced the promoter HUF's holding from 744,300 shares
RB International Holdings Open Offer for RR MetalMakers
RB International Holdings, Suyog Desai, and Nikita Desai launch mandatory open offer for 26% of RR MetalMakers at ₹23.85/share. Offer triggered by acquisition of 70.66% stake from promoters Virat Shah
Mitshi India Promoters Sell 15.57% Stake to Karronn Bajaj
Karronn Naresh Bajaj entered Share Purchase Agreement on July 23, 2026 to acquire 13,70,070 shares (15.57% stake) from Mitshi India promoters for ₹2.05 crore. Acquisition triggers mandatory open offer
Bohra Industries Promoter Andal Bonumalla Reclassification
Bohra Industries discloses delayed regulatory filing for promoter reclassification from promoter to public category. Reclassification follows completed open offer by Mark AB Capital Private Limited on
Promoter Sweety Jain Sells 10,000 Shares
Promoter & Director Mrs. Sweety Rahul Jain sold 10,000 equity shares of Getalong Enterprise Limited via open market on BSE. The sale, executed at ₹7.45 per share, reduced her holding from 4.79% to 4.7
Kkalpana Plastick Promoters Sell 72.58% Stake Triggering Open Offer
Promoters Bbigplas Poly and Sarla Surana entered SPA to sell 72.58% stake to Ashish Begwani on July 7, 2026. Transaction triggers mandatory open offer for 26% of shares at ₹28 per share under SEBI SAS
Skipper Promoter Group Ventex Acquires Utsav Ispat Stake
Skipper Limited discloses a promoter group share transfer where Ventex Trade Private Limited acquired 424,627 shares (0.38%) from Utsav Ispat LLP via inter-se transfer on June 29, 2026. The transactio
Glittek Granites Promoters Sell 62.99% Stake
• Sellers including Kosen Ventures sold 1.63 crore shares (62.99% stake) in Glittek Granites via off-market transaction. • Transaction executed under January 2026 SPA with acquirers from Thanki family
Switching Technologies Gunther Takeover Completion Board Outcomes
Board approved reclassification of Guenther America Inc. from Promoter to Public category after it sold its entire 37.63% stake. New promoters Touristas Horizons, BBU Enterprises and Nikhil Pujari now
Sheshadri Industries Promoter Acquires 4.8% Stake
Promoter Jeetender Kumar Agarwal acquired 237,981 shares (4.8% stake) in Sheshadri Industries via off-market transaction on June 25, 2026. Post-acquisition, promoter holding increased from 60.39% to 6
Three M Paper Boards Promoter Acquires 2,000 Shares
Three M Paper Boards discloses promoter Rushabh Hitendra Shah's acquisition of 2,000 equity shares via open market purchase on June 24, 2026. Post-transaction, promoter holding increased marginally fr
Mrs. Pooja Raja Acquires 65,000 Sumeru Industries Shares
Sumeru Industries files SEBI Reg. 29(2) disclosure for off-market purchase by Mrs. Pooja Raja. Mrs. Raja acquired 65,000 equity shares, increasing her holding from 1.69% to 1.78% of voting capital. Th
Advance Metering Technology Promoter Acquires 5.32% via Transmission
Mrs. Ameeta Ranade discloses acquisition of 854,635 equity shares (5.32%) in Advance Metering Technology Ltd through transmission following the demise of promoter Pranav Kumar Ranade. The acquisition
ARB Business Trust Acquires 3.11% Clean Science Stake
ARB Business Trust, a promoter group member, acquired 33 lakh equity shares (3.11% stake) in Clean Science via an off-market gift transfer on June 10, 2026. The transaction was an inter-se transfer am
Switching Technologies Gunther Promoter Reclassification Post Sale
• Switching Technologies Gunther discloses promoter reclassification after Guenther America Inc. sold its entire 9.22 lakh share stake to a consortium of acquirers. • The acquirers, Touristas Horizons