Alstone Textiles: Shanta Agencies Reduces Stake to 2.07% Through Share Disposal
Shanta Agencies Private Limited has disposed of 198387617 equity shares of Alstone Textiles (India) Limited, reducing its shareholding from 5.23% to 2.07%. The disposal was executed through on-market sales across eight transactions between February 10, 2026, and March 27, 2026, with the largest transaction involving 42500000 shares. The company is not part of Alstone Textiles' promoter group, and the textile company's total equity capital remains unchanged at 6274800000 shares of ₹1 each.

*this image is generated using AI for illustrative purposes only.
Alstone Textiles (India) Limited has received disclosure from Shanta Agencies Private Limited regarding the disposal of equity shares under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction represents a significant reduction in Shanta Agencies' shareholding in the textile company.
Share Disposal Details
Shanta Agencies Private Limited disposed of 198387617 equity shares of Alstone Textiles through on-market sales. The disposal reduced the company's holding from 328000000 shares to 129612383 shares, representing a decrease from 5.23% to 2.07% of the total share capital.
| Parameter | Before Disposal | Disposal | After Disposal |
|---|---|---|---|
| Number of Shares | 328000000 | 198387617 | 129612383 |
| Percentage Holding | 5.23% | 3.16% | 2.07% |
| % w.r.t. Diluted Capital | 5.23% | 3.16% | 2.07% |
Transaction Timeline
The share disposal was executed through multiple transactions over a period spanning from February to March 2026. The sales were conducted through on-market transactions across eight different dates.
| Date | Shares Sold | Percentage |
|---|---|---|
| 10.02.2026 | 34000000 | 0.54% |
| 11.02.2026 | 37750000 | 0.60% |
| 13.02.2026 | 37500000 | 0.60% |
| 05.03.2026 | 3000000 | 0.05% |
| 06.03.2026 | 1500000 | 0.02% |
| 10.03.2026 | 2137617 | 0.03% |
| 25.03.2026 | 42500000 | 0.68% |
| 27.03.2026 | 40000000 | 0.64% |
Company Information
Shanta Agencies Private Limited is not part of the promoter or promoter group of Alstone Textiles. The company is registered in Mumbai with its corporate office in New Delhi. Alstone Textiles' shares are listed on the Bombay Stock Exchange.
Share Capital Structure
Alstone Textiles' equity share capital remains unchanged following the transaction. The company maintains a total equity share capital of ₹6274800000, consisting of 6274800000 equity shares of ₹1 each. The total diluted share capital also remains at the same level, indicating no outstanding convertible securities or warrants.
Regulatory Compliance
The disclosure was made in compliance with Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Shanta Agencies submitted the required disclosure on March 29, 2026, which was subsequently forwarded by Alstone Textiles to BSE Limited on March 31, 2026.
Historical Stock Returns for Alstone Textiles
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +8.33% | +8.33% | -13.33% | -79.03% | -77.97% | -18.75% |
What strategic factors might have prompted Shanta Agencies to reduce its stake in Alstone Textiles by over 60% during this specific timeframe?
How could this significant share disposal impact Alstone Textiles' stock price and trading volumes in the coming quarters?
Will other institutional investors view this large-scale exit as a signal to reassess their positions in Alstone Textiles?


































