Shakti Pumps (India) Limited — Others, 19-08-2025: Disclosure under SEBI Takeover Regulations
19-08-2025 | 04:08 pm
19-08-2025 | 04:08 pm
SEBI has granted an exemption to Shakti Sons Trust, part of Shakti Pumps' promoter group, for an indirect acquisition of company shares. This move is an internal family reorganisation aimed at streamlining succession and securing promoter family welfare. Crucially, this transaction will not change the company's ownership, control, management, or public shareholding. The promoter and promoter group's overall stake remains constant, ensuring stability for investors without triggering a public open offer.
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