Shradha AI Technologies Limited has completed a significant promoter group restructuring as Riaan Ventures Private Limited successfully acquired a 4.26% stake through an inter-se transfer of shares. The transaction involved the transfer of 25,99,555 equity shares from SGR Holdings Private Limited under SEBI's exemption regulations.

Transaction Details

Shareholding Pattern Changes

The acquisition has resulted in changes to Riaan Ventures' holding in Shradha AI Technologies. According to the regulatory disclosure filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, the company's shareholding pattern has been updated.

Regulatory Compliance Framework

The acquisition was executed as an inter-se transfer among promoter group entities through off-market transactions. The company has confirmed that the equity shares acquired rank pari-passu with existing equity shares of the target company. The total equity share capital of Shradha AI Technologies remains unchanged at 6,09,52,420 equity shares of ₹2.00 each.

Corporate Structure Impact

The transaction represents an internal restructuring within the promoter group of Shradha AI Technologies. Riaan Ventures Private Limited, being part of the promoter group, has increased its direct shareholding in the company through this acquisition. The necessary documents for credit of shares will be submitted to CDSL/NSDL authorities in due course, with formal intimation to be provided to the respective stock exchanges upon completion of the share transfer process.

The completion of this transaction demonstrates the company's adherence to regulatory frameworks while facilitating internal ownership restructuring among promoter group entities.

Shradha AI Technologies Limited has announced the completion of a significant share transfer within its promoter group, following a merger order from the Ministry of Corporate Affairs.

Key Details of the Share Transfer

Background of the Transfer

The share transfer was executed in compliance with a merger order dated June 23, 2025, issued by the Regional Director of the Ministry of Corporate Affairs. This order facilitated the merger between Zenith Commotrade Private Limited (the transferor company) and Femina Infrastructures Private Limited (the transferee company), both entities being part of Shradha AI Technologies' promoter group.

Procedural Completion

Shradha AI Technologies confirmed that all procedural formalities related to the share transfer were completed on September 30, 2025. The company received confirmation from the National Securities Depository Limited (NSDL) regarding the finalization of the transfer process.

Impact on Shareholding Pattern

The company emphasized that this transfer does not alter the overall shareholding pattern or paid-up capital of Shradha AI Technologies Limited. The only change is the internal reallocation of shares from Zenith Commotrade to Femina Infrastructures within the promoter group.

Regulatory Compliance

This share transfer aligns with the company's ongoing commitment to regulatory compliance. Shradha AI Technologies has duly informed the stock exchanges in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The completion of this share transfer marks a significant corporate action for Shradha AI Technologies, reflecting the restructuring within its promoter group while maintaining transparency with its shareholders and the market regulators.