Promoter group entity buys 66,25,997 shares via open market; stake rises from 6.794% to 7.147%

A promoter group entity has increased its holding in the company.

Thu 1 Oct 2026

Shares Purchased

66,25,997 equity shares

Holding Before Purchase

12,75,49,827 shares (6.794%)

Holding After Purchase

13,41,75,824 shares (7.147%)

Purchase as % of Voting Capital

0.352%

Encumbrance

0 (0.00%)

The company has informed the exchanges about a share purchase by an entity in its promoter group.

What the update says

• M/s. Shree Saibaba Exim Private Limited, which the update identifies as belonging to the promoter group, purchased 66,25,997 equity shares of the company.
• The mode of acquisition stated is open market, and the date of acquisition stated is September 30, 2026.
• The disclosure is made under Regulation 7(2)(a) of the SEBI (Prohibition of Insider Trading) Regulations, 2015 and under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Stake before and after

• Holding before the purchase: 12,75,49,827 shares, or 6.794% of the total voting capital.
• Shares acquired: 66,25,997, equal to 0.352% of the total voting capital.
• Holding after the purchase: 13,41,75,824 shares, or 7.147% of the total voting capital.
• The company's equity share capital and total voting capital is stated as 187,73,28,995 shares of face value Re. 1/- each.

Encumbrance position

• Shares in the nature of encumbrance (pledge / lien / non-disposal undertaking / others) held before the purchase: 0 (0.00%).
• Shares encumbered with the acquirer after the purchase: 0 (0.00%).
• Voting rights held otherwise than by shares, and warrants or convertible securities: 0 (0.00%) both before and after.

What this means in simple terms

A promoter group entity has added shares of the company to its holding. In percentage terms the addition is small — 0.352% of the total voting capital — and it takes that entity's stake from 6.794% to 7.147%. Because the buyer sits in the promoter group, the purchase adds to the promoter group's overall holding in the company.

Points a retail investor may note

• The buying entity is described as part of the promoter group, so this is a promoter-side purchase.
• The transaction is shown as completed, with the date of acquisition stated as September 30, 2026, and the mode as open market.
• The shares held by this entity are shown as carrying no encumbrance (pledge, lien, non-disposal undertaking or others) both before and after the transaction.
• The company's total voting capital shown before and after the transaction is unchanged at 187,73,28,995 shares, since this was a transfer of existing shares between investors rather than a fresh issue of shares by the company.

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