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A group led by Sudhir Reddy Posireddy has significantly increased its stake in Source Industries (India) Limited, acquiring an additional 13.03% of shares. Their total holding now stands at 63.21%, up from 50.18%. This strategic acquisition, completed through off-market deals and an open offer, officially establishes this group as the new promoters. This move consolidates control and signals a leadership change for the company, whose equity capital remains Rs. 11.40 Cr.