News Orders & Deals AGI Infra Limited: Smt. Harbans Kaur Acquires 17.65% Stake Through Inter-se TransferAGI Infra Limited: Smt. Harbans Kaur Acquires 17.65% Stake Through Inter-se Transfer
AGI Infra Limited disclosed a major shareholding restructuring where Smt. Harbans Kaur acquired 17.65% stake through inter-se transfer from promoter group members Bikramjit Singh and Ranjit Singh. The transaction maintains overall promoter group holding at 72.94% while qualifying for open offer exemption under SEBI regulations.
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AGI Infra Limited has disclosed a significant shareholding change involving the acquisition of 2,15,60,000 shares by Smt. Harbans Kaur through an inter-se transfer transaction. The acquisition, completed on February 26, 2026, represents 17.65% of the company's total voting capital and was structured as a gift among promoter group members.
Transaction Details
The acquisition represents a substantial change in shareholding structure, with shares transferred from two existing promoter group members:
| Parameter | Details |
|---|---|
| Shares Acquired | 2,15,60,000 |
| Percentage of Total Voting Capital | 17.65% |
| Transaction Date | February 26, 2026 |
| Mode of Acquisition | Inter-se transfer (Gift) |
| Acquirer Status | Promoter Group Member |
| Transferors | Bikramjit Singh and Ranjit Singh |
Share Transfer Breakdown
The total acquisition comprised shares from two sellers within the promoter group:
| Transferor | Shares Transferred | Percentage |
|---|---|---|
| Bikramjit Singh | 34,30,000 | 2.81% |
| Ranjit Singh | 1,81,30,000 | 14.84% |
| Total | 2,15,60,000 | 17.65% |
Pre and Post Acquisition Holdings
The disclosure reveals significant changes in individual shareholding patterns while maintaining overall promoter group strength:
| Shareholder | Pre-Transaction Shares | Pre-Transaction % | Post-Transaction Shares | Post-Transaction % |
|---|---|---|---|---|
| Smt. Harbans Kaur | Nil | Nil | 2,15,60,000 | 17.65% |
| Bikramjit Singh | 34,30,000 | 2.81% | Nil | Nil |
| Ranjit Singh | 1,81,30,000 | 14.84% | Nil | Nil |
| Other Promoter Group | 6,75,54,100 | 55.30% | 6,75,54,100 | 55.30% |
| Total Promoter Group | 8,91,14,100 | 72.94% | 8,91,14,100 | 72.94% |
Regulatory Compliance
The transaction has been disclosed under Regulation 10(6) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquisition qualifies for exemption from open offer requirements under Regulation 10(1)(a)(i), which covers acquisitions pursuant to inter-se transfer of shares among immediate relatives. The disclosure was filed on February 28, 2026, and the company had previously made the required disclosure under Regulation 10(5) on February 19, 2026.
Company Capital Structure
AGI Infra Limited's equity share capital remained unchanged following the transaction, with the company maintaining its listing status on both BSE Limited (Scrip Code: 539042) and National Stock Exchange of India Limited (Stock Code: AGIIL). The total diluted share capital stands at 12,21,67,200 shares, ensuring the promoter group maintains its collective 72.94% shareholding despite the internal restructuring.
Historical Stock Returns for AGI Infra
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.93% | +9.49% | +17.22% | +29.47% | +83.48% | +238.66% |
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