Shree Pushkar Chemicals & Fertilisers Limited — Others, 10-03-2025: Disclosure under SEBI Takeover Regulations

Mrs. Bhanu Gopi Makharia has announced a board meeting regarding the acquisition of 1,74,11,958 equity shares (approximately 53.85%) from her sons, Mr. Punit and Mr. Gautam Gopikishan Makharia, through an inter-se transfer by gift. This will increase her shareholding from 4,82,829 shares (1.49%) to 1,78,94,787 shares (55.34%) in Shree Pushkar Chemicals and Fertilisers Limited. The rationale for the transfer is rooted in familial affection, with no monetary consideration involved. This consolidation of shares may positively influence investor sentiment, as it reflects commitment from the promoter family.