Crescentis Capital promoter transfers 1.76% stake via gift
Crescentis Capital Limited disclosed an inter-se transfer of shares within its promoter group. Dr. Bhaskara Rao Bollineni gifted 3,00,000 equity shares, representing 1.76% of the paid-up capital, to Mr. Bhavanam Ruthvik Reddy on June 24, 2026. The transaction adjusts individual holdings but does not change the aggregate shareholding of the promoter group.

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Crescentis Capital Limited disclosed an inter-se transfer of shares within its promoter group, involving a gift of 1.76% of the company's equity share capital. Dr. Bhaskara Rao Bollineni transferred 3,00,000 equity shares to Mr. Bhavanam Ruthvik Reddy on June 24, 2026, via an off-market transaction. The transfer was executed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
The transaction represents a redistribution of shareholding within the promoter group and does not alter the aggregate holding of the promoters. Consequently, the total promoter and promoter group shareholding remains unchanged. The disclosures regarding the transfer were submitted to BSE Limited on June 26, 2026.
Shareholding Details
The transfer modified the individual stakes of the two promoters. Dr. Bhaskara Rao Bollineni's holding decreased from 68.80% to 67.04%, while Mr. Bhavanam Ruthvik Reddy's stake increased from 6.17% to 7.94%.
| Promoter | Holding Before (%) | Holding After (%) | Change (%) |
|---|---|---|---|
| Dr. Bhaskara Rao Bollineni | 68.80% | 67.04% | - 1.76% |
| Mr. Bhavanam Ruthvik Reddy | 6.17% | 7.94% | + 1.76% |
Transaction Breakdown
The specific details of the inter-se transfer are outlined below:
| Transferor (Donor) | Transferee (Donee) | No. of Shares | % of Total Share/ Voting Capital | Date of Transfer |
|---|---|---|---|---|
| Dr. Bhaskara Rao Bollineni | Mr. Bhavanam Ruthvik Reddy | 3,00,000 | 1.76% | 24th June, 2026 |
The equity share capital of the company remains at 1,70,13,549 equity shares of ₹10 each before and after the transaction.
Historical Stock Returns for Crescentis Capital
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.17% | -7.55% | -6.45% | -7.74% | -5.82% | +248.62% |
Does this gift signal a planned succession strategy or gradual transfer of control to Mr. Bhavanam Ruthvik Reddy?
Will the increase in Mr. Reddy's stake lead to changes in the company's board composition or executive management?
Could this redistribution of individual holdings trigger any changes in corporate governance policies or voting patterns?































