Shree Rajasthan Syntex Ltd. witnessed multiple promoter group acquisitions through inter-se transfer on March 16, 2026, with regulatory disclosures filed on March 17-18, 2026. The transactions involved the transfer of 1,33,334 equity shares from Rajasthan State Industrial Development and Investment Corporation Ltd (RIIDCL) to three promoter group members.

Transaction Overview

The inter-se transfer was executed off-market on BSE Limited, with RIIDCL transferring shares to promoter Vinod Kumar Ladia and promoter group members Vikas Ladia and Anubhav Ladia. All transactions were completed on the same date as part of a coordinated promoter group restructuring.

Seller Details

Rajasthan State Industrial Development and Investment Corporation Ltd, a promoter group entity, reduced its shareholding from 4,40,934 shares (1.08%) to 3,07,600 shares (0.75%) following the transfer of 1,33,334 shares. The corporation is a Rajasthan Government undertaking based in Jaipur.

Regulatory Compliance

The disclosures were made pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011, and Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. All parties filed the necessary regulatory forms with BSE Limited and the company's board of directors.

Company Information

Shree Rajasthan Syntex Ltd. is listed on BSE Limited with scrip code 503837. The company's total equity share capital remains unchanged at 4,07,37,301 shares of Rs. 10 each. The inter-se transfers represent internal promoter group restructuring without affecting the company's overall equity structure or public shareholding.

Anubhav Ladia, Whole Time Director & CFO of Shree Rajasthan Syntex Ltd, has filed a disclosure regarding his acquisition of additional shares in the company through an inter-se transfer transaction. The disclosure was submitted on March 17, 2026, pursuant to regulatory requirements under SEBI regulations.

Share Acquisition Details

The share acquisition took place on March 16, 2026, involving 44,000 equity shares acquired through inter-se transfer. The transaction was valued at Rs. 5,98,400 and resulted in an increase in Ladia's shareholding percentage.

Regulatory Compliance and Filing Details

The disclosure was made pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011, and Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. As a promoter group member and Whole Time Director & CFO, Ladia is required to maintain accurate disclosure of such transactions.

Company Information

Shree Rajasthan Syntex Ltd is listed on BSE Limited with the company code 503837 and ISIN INE796C01011. The company's total equity share capital stands at 4,07,37,301 shares of Rs. 10 each, which remained unchanged following this transaction.

The formal disclosure was submitted to both the Bombay Stock Exchange Limited and the Board of Directors of Shree Rajasthan Syntex Ltd. The transaction involved no convertible securities, warrants, or other instruments that could entitle the acquirer to additional voting rights in the company.