Alstone Textiles: Shanta Agencies Reduces Stake to 2.07% Through Share Disposal

1 min read     Updated on 31 Mar 2026, 09:39 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

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.

powered bylight_fuzz_icon
36518995

*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 Day5 Days1 Month6 Months1 Year5 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?

Trans Globe NKS Holdings Reduces Stake in Alstone Textiles by 3.12% Through Open Market Sales

2 min read     Updated on 28 Feb 2026, 05:02 PM
scanx
Reviewed by
Jubin VScanX News Team
AI Summary

Trans Globe NKS Holdings Ltd disposed of 195651261 equity shares in Alstone Textiles (India) Ltd through open market transactions between January 22-February 26, 2026, reducing its stake from 4.40% to 1.28%. The disposal was conducted across eleven trading sessions and reported under SEBI (SAST) Regulations, 2011. Alstone Textiles has confirmed receipt of the disclosure and submitted it to BSE Limited for compliance purposes.

powered bylight_fuzz_icon
33823960

*this image is generated using AI for illustrative purposes only.

Alstone Textiles (India) Ltd has received a disclosure from Trans Globe NKS Holdings Ltd regarding the disposal of equity shares under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure, dated February 28, 2026, details a significant reduction in Trans Globe NKS Holdings' shareholding in the textile company.

Share Disposal Details

Trans Globe NKS Holdings Ltd disposed of 195651261 equity shares, representing 3.12% of Alstone Textiles' total share capital. The disposal was executed through multiple open market transactions conducted between January 22, 2026, and February 26, 2026.

Parameter: Before Disposal After Disposal Change
Number of Shares: 275799687 80148426 -195651261
Percentage Holding: 4.40% 1.28% -3.12%
Voting Rights: 4.40% 1.28% -3.12%

Transaction Timeline

The share disposal was conducted across eleven separate trading sessions over a period of approximately five weeks. The transactions varied in size, with the largest single-day disposal occurring on February 11, 2026.

Date: Shares Sold Percentage Mode
22.01.2026: 20100000 0.32% Open Market
30.01.2026: 600000 0.01% Open Market
01.02.2026: 30000000 0.48% Open Market
10.02.2026: 34636913 0.55% Open Market
11.02.2026: 44630707 0.71% Open Market
13.02.2026: 15000000 0.24% Open Market
16.02.2026: 25000000 0.40% Open Market
23.02.2026: 5312997 0.08% Open Market
24.02.2026: 3000000 0.05% Open Market
25.02.2026: 4300000 0.07% Open Market
26.02.2026: 13070644 0.21% Open Market

Company Information

Alstone Textiles (India) Ltd maintains its registered office at R-815 New Rajinder Nagar, North East Delhi, New Delhi-110060, with shares listed on BSE Limited. The company has a total equity share capital of 627480000 shares of ₹1 each. Trans Globe NKS Holdings Ltd, the disposing entity, is not part of the promoter or promoter group of Alstone Textiles.

Regulatory Compliance

The disclosure was submitted in compliance with SEBI regulations governing substantial acquisition and disposal of shares. Trans Globe NKS Holdings confirmed that it held no encumbrances, warrants, convertible securities, or other instruments that would entitle it to additional voting rights in Alstone Textiles either before or after the disposal. The company's Managing Director Deepak Kumar Bhojak acknowledged receipt of the disclosure and confirmed its submission to BSE Limited for record purposes.

Historical Stock Returns for Alstone Textiles

1 Day5 Days1 Month6 Months1 Year5 Years
+8.33%+8.33%-13.33%-79.03%-77.97%-18.75%

More News on Alstone Textiles

1 Year Returns:-77.97%