Tag
Ownership Change
14 articles
Significant ownership changes are reshaping the Indian corporate landscape. Several companies are experiencing shifts in their promoter holdings, ranging from inter-family transfers to complete exits and new acquisitions. Restaurant Brands Asia is undergoing a full promoter change with new investors led by Lenexis Foodworks injecting substantial capital, while Iykot Hitech's founding family has entirely exited their stake to Aspect Global Ventures. These developments highlight the ongoing evolution of corporate governance and investment strategies, potentially impacting future growth trajectories and investor sentiment as control transitions within these organizations.
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
Restaurant Brands Asia Receives CCI Approval for Control Acquisition
Restaurant Brands Asia received CCI approval for a complex transaction involving preferential issue and share purchase.
Acquirers led by Lenexis Foodworks will inject ₹900 crore via equity and ₹600 cr
Iykot Hitech Promoters Sell Entire Stakes to Aspect Global
Iykot Hitech Toolroom discloses completion of a share purchase agreement, resulting in the transfer of all promoter holdings to Aspect Global Ventures.
Four promoters—Padam, Anjanna, Likhitta, and Ant
Ronak Jain Acquires 1.14M Asgard Alcobev Shares
Ronak Jain disclosed acquisition of 1,138,932 shares in Asgard Alcobev Limited via open offer tendering process on April 23, 2026.
Post-acquisition, Jain's direct shareholding increased to 38.19% from
DESCO Infratech Promoter Acquires 31.04% Stake
Disclosure of inter-se transfer of 23.82 lakh equity shares (31.04% stake) from Indiraben Pruthubhai Desai to Pankaj Pruthu Desai via gift.
Transaction executed off-market on 07.04.2026 between promot
Damodar Industries Promoter Acquires 24.89L Shares Via Gift
Damodar Industries discloses promoter Arunkumar Biyani's acquisition of 24.89 lakh shares via inter-se transfer gift from Anil Biyani on March 30, 2026.
Post-transaction, Arunkumar Biyani's shareholdi