Saripalli Karunakar, Chairman and Managing Director of samkrg pistons & rings , has acquired a substantial 20.36% stake in the company through the transmission of shares. The transaction, executed on August 17, 2026, involved the transfer of 20,00,000 equity shares cum voting rights from his deceased father, Shri SDM Rao, to Karunakar as a legal heir.

This inter-se transfer between promoters significantly consolidates the promoter group's control over the Hyderabad-based auto component manufacturer. Following the acquisition, Karunakar’s total shareholding stands at 25,86,971 shares, representing 26.34% of the company’s total voting capital. The total equity share capital of Samkrg Pistons and Rings Limited remains unchanged at 98,20,500 shares post-transaction.

Transaction Details

The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and Regulation 7(2) read with Regulation 6(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The intimation was submitted to BSE Limited on August 18, 2026.

What the Numbers Show

The transmission results in a significant shift in individual promoter holdings without altering the total promoter group ownership structure relative to the market. Karunakar’s stake increased by more than four times its previous size, moving from 5.98% to 26.34%. This consolidation likely reflects estate settlement processes following the demise of Shri SDM Rao, ensuring continuity in leadership and control for the listed entity. No encumbrances were reported on the acquired shares.

Saripalli Kishore, a promoter and wholetime director of Samkrg Pistons & Rings , has increased his stake in the company to 30.04% following the acquisition of 23.45% of the total voting capital. The transaction, valued at ₹23,035,310, was completed on August 14, 2026, through the transmission of shares from his deceased father, Shri SDM Rao.

The acquisition brings Kishore’s total shareholding to 29,50,686 equity shares carrying voting rights. Prior to this transaction, he held 6,47,155 shares, which constituted 6.59% of the company’s total voting capital. The mode of acquisition is classified as an inter-se transfer between promoters, specifically involving the transmission of shares and voting rights to legal heirs.

What the Numbers Show

The transmission results in a significant consolidation of promoter ownership without any change to the company’s total equity share capital. The total equity share capital remains at 98,20,500 shares both before and after the transaction. There are no encumbrances, pledges, or liens associated with the acquired shares, nor are there any warrants or convertible securities involved in this transfer.

Regulatory Disclosures

The disclosure was made in compliance with Regulation 29(2) of the Securities & Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Additionally, the details were reported under Regulation 7(2) read with Regulation 6(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, for continual disclosure of changes in holdings by promoters.

The intimation was submitted to BSE Limited on August 17, 2026. The company’s registered office is located in Hyderabad, Telangana, while the intimation was issued from Vishakhapatnam, Andhra Pradesh.