Anik Industries: Manish Shahra Acquires 1.97% Stake Through Off-Market Transfer

1 min read     Updated on 28 Mar 2026, 05:30 AM
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AI Summary

Manish Shahra, a promoter of Anik Industries Limited, acquired 5,46,438 equity shares (1.97%) through off-market transfer on 25th March, 2026, pursuant to dissolution of Suresh Chandra Shahra HUF. This acquisition increased his total shareholding from 2.48% to 4.45% of the company's share capital. The transaction was disclosed in compliance with SEBI (SAST) Regulations and filed with NSE and BSE on 27th March, 2026.

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Anik industries has disclosed a significant shareholding change following an off-market acquisition by promoter Manish Shahra. The transaction, completed on 25th March, 2026, involved the acquisition of 5,46,438 equity shares representing 1.97% of the company's total share capital.

Transaction Details

The acquisition was executed through an off-market transfer pursuant to the dissolution of Suresh Chandra Shahra HUF. Each equity share carries a face value of ₹10.00, and the transaction was structured as an inter-se transfer between promoter entities.

Transaction Parameter: Details
Shares Acquired: 5,46,438 equity shares
Percentage Acquired: 1.97%
Face Value per Share: ₹10.00
Transaction Date: 25th March, 2026
Mode of Acquisition: Off-market transfer

Shareholding Pattern Changes

Prior to this acquisition, Manish Shahra held 6,87,952 shares, constituting 2.48% of the company's total voting capital. Following the transaction, his total shareholding has increased to 12,34,393 shares, representing 4.45% of the total share capital.

Shareholding Details: Before Acquisition After Acquisition
Number of Shares: 6,87,952 12,34,393
Percentage Holding: 2.48% 4.45%
Voting Rights: 2.48% 4.45%

Company Capital Structure

Anik Industries Limited maintains a stable equity share capital structure throughout this transaction. The company's total equity share capital remains unchanged at ₹27,75,34,860, consisting of 2,77,53,486 equity shares of ₹10 each.

Regulatory Compliance

The disclosure was filed with both the National Stock Exchange of India Limited (Symbol: ANIKINDS) and BSE Limited (Scrip Code: 519383) on 27th March, 2026. This filing ensures compliance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The transaction represents a consolidation of promoter holdings through the dissolution of a Hindu Undivided Family (HUF) structure, with no dilution of the overall equity base or changes to the company's capital structure.

Historical Stock Returns for Anik Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-6.02%-9.41%-25.66%-47.44%-70.53%+130.60%

Will Manish Shahra continue consolidating promoter holdings to reach the 5% threshold that would trigger additional disclosure requirements?

How might this promoter consolidation impact Anik Industries' corporate governance decisions and strategic direction going forward?

Are there other HUF structures within the promoter group that could undergo similar dissolution and share transfers?

ANIK Industries Limited Opens Special Window for Physical Share Transfer Re-lodgment

1 min read     Updated on 24 Mar 2026, 08:48 PM
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ANIK Industries Limited has opened a special window from February 05, 2026 to February 04, 2027 for re-lodgment of physical share transfer requests originally submitted before April 01, 2019. Following SEBI circular dated January 30, 2026, the window addresses previously rejected or unprocessed transfer requests due to deficiencies. Eligible shareholders must submit original certificates, transfer deeds, and KYC documents to Sarthak Global Limited (RTA). Upon verification, shares will be transferred in dematerialized form.

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ANIK Industries Limited has announced the opening of a special window for re-lodgment of physical share transfer requests, following regulatory guidelines issued by the Securities and Exchange Board of India (SEBI).

Special Window Details

Pursuant to SEBI's circular dated January 30, 2026 titled "Ease of Doing Investment Special Window for Transfer and Dematerialisation of Physical Securities," the company has opened a special window from February 05, 2026 to February 04, 2027. This facility is specifically designed for shareholders whose physical share transfer requests were originally submitted on or before April 01, 2019 and were subsequently rejected, returned, or not processed due to deficiencies.

Eligibility Criteria

The special window operates under specific eligibility conditions as outlined in the SEBI circular:

Execution Date of Transfer Deed Lodged for transfer Before April 01, 2019? Original Security Certificate Available? Eligible to lodge in the current window?
Before April 01, 2019 No (it is fresh lodgment) Yes
Before April 01, 2019 Yes (it was rejected/returned earlier) Yes
Before April 01, 2019 Yes No X
Before April 01, 2019 No No X

Process and Requirements

Only previously lodged cases meeting the eligibility criteria are permitted under this window. Upon successful verification, the shares will be transferred in dematerialized form. Shareholders are required to submit the following documents to the company's Registrar and Share Transfer Agent:

  • Original share certificates
  • Transfer deeds
  • KYC documentation
  • Other prescribed documents as specified

Registrar and Share Transfer Agent

All required documents must be submitted to Sarthak Global Limited (RTA), the company's appointed Registrar and Share Transfer Agent. The RTA can be contacted at:

Parameter: Details
Address: 170/10, R.N.T. Marg, Film Colony, Indore, 452001 (M.P.)
Phone: (0731) 2523545, 4279626, 2526388

Additional Information

For comprehensive details regarding the special window provisions, shareholders are advised to refer to the complete SEBI circular available at www.sebi.gov.in . The company has also made this information available on its official website at www.anikgroup.com for easy access by shareholders.

This initiative represents part of SEBI's broader efforts to streamline investment processes and facilitate the ease of doing business for investors in the securities market.

Historical Stock Returns for Anik Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-6.02%-9.41%-25.66%-47.44%-70.53%+130.60%

Will SEBI extend similar special windows to other companies with pending physical share transfer backlogs?

How might this dematerialization push impact ANIK Industries' shareholder base composition and trading liquidity?

What happens to unclaimed physical shares that remain unprocessed after the February 2027 deadline?

More News on Anik Industries

1 Year Returns:-70.53%