Suditi Industries Files SEBI Disclosure for Promoter Pawan Agarwal's 14 Lakh Share Sale

2 min read Updated on 12 Mar 2026, 09:27 AM

Reviewed by

Riya DScanX News Team

Overview

Suditi Industries Ltd officially disclosed promoter Pawan Kishorilal Agarwal's disposal of 14,00,000 equity shares through open market sale, filed under SEBI regulations. The transaction reduced the promoter group's collective shareholding from 55.31% to 52.07%, while the company's capital structure and warrant holdings remain unchanged.

*this image is generated using AI for illustrative purposes only.

Suditi Industries Ltd has filed an official disclosure with BSE on March 11, 2026, regarding the disposal of equity shares by promoter Pawan Kishorilal Agarwal. The disclosure was made pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

Promoter Pawan Kishorilal Agarwal disposed of 14,00,000 equity shares through open market sale on March 6, 2026. The transaction represents a significant reduction in the promoter's individual shareholding in the company.

Transaction Parameters:	Details
Shares Disposed:	14,00,000
Transaction Date:	March 6, 2026
Mode of Sale:	Open Market Sale
Percentage of Total Capital:	3.24%
Percentage of Diluted Capital:	2.70%

Impact on Promoter Holdings

The share disposal has resulted in a notable change in the promoter group's collective shareholding. The promoter group's total holding decreased from 2,39,01,545 shares to 2,25,01,545 shares, representing a decline from 55.31% to 52.07% of the total share capital.

Holding Summary:	Before Disposal	After Disposal	Change
Total Promoter Shares:	2,39,01,545	2,25,01,545	-14,00,000
Percentage Holding:	55.31%	52.07%	-3.24%
Diluted Capital %:	46.04%	43.34%	-2.70%

Individual Promoter Holdings

Pawan Kishorilal Agarwal's individual shareholding decreased significantly following this transaction. His holding reduced from 1,42,13,398 shares (32.89%) to 1,28,13,398 shares (29.65%). Other key promoter group members maintain their existing positions:

Promoter Name:	Shareholding	Percentage
Tanuj Pawan Agarwal:	30,35,000 shares	7.02%
Intime Knits Private Limited:	40,00,000 shares	9.26%
Black Gold Leasing Pvt Ltd:	15,19,717 shares	3.52%
Harsh Pawan Agarwal:	6,35,000 shares	1.47%

Company Capital Structure

The company's equity share capital remains unchanged at Rs. 43,21,62,910, divided into 4,32,16,291 equity shares of Rs. 10 each. The total diluted share capital, including outstanding convertible securities and warrants, stands at Rs. 51,91,62,910, comprising 5,19,16,291 equity shares of Rs. 10 each.

The promoter group continues to hold 84,00,000 warrants, representing 16.18% of the diluted capital. These warrants include 30,00,000 held by Pawan Kishorilal Agarwal, 24,00,000 by Harsh Pawan Agarwal, and 30,00,000 by Tanay Pawan Agarwal, with respective percentages of 5.78%, 4.62%, and 5.78% of diluted capital.

Historical Stock Returns for Suditi Industries

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-100.00%	-100.00%	-100.00%	-100.00%	-100.00%	-100.00%

Suditi Industries

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Suditi Industries Completes Warrant Conversion, Promoter Holding Rises to 56.03%

1 min read Updated on 12 Mar 2026, 09:23 AM

Reviewed by

Naman SScanX News Team

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Overview

Suditi Industries Ltd completed the conversion of 39,00,000 warrants into equity shares by promoter group members Harsh Pawan Agarwal and Tanay Pawan Agarwal on March 9, 2026. The conversion increased promoter shareholding from 52.07% to 56.03% and expanded the company's paid-up capital from Rs. 43,21,62,910 to Rs. 47,11,62,910. The transaction was executed through preferential issue mechanism with 45,00,000 warrants remaining outstanding.

*this image is generated using AI for illustrative purposes only.

Suditi Industries Ltd has successfully completed the conversion of convertible warrants into equity shares by its promoter group members, resulting in a significant increase in promoter shareholding and expansion of the company's equity base.

Warrant Conversion Details

On March 9, 2026, two key promoter group members converted their warrants into equity shares through a preferential issue mechanism. The conversion involved 39,00,000 warrants being transformed into fully paid-up equity shares of Rs. 10 each.

Promoter:	Warrants Converted	Shareholding Impact (%)
Harsh Pawan Agarwal	24,00,000	5.09%
Tanay Pawan Agarwal	15,00,000	3.18%
Total	39,00,000	8.28%

Impact on Shareholding Structure

The warrant conversion has strengthened the promoter group's control over the company. The promoter group's collective shareholding increased from 2,25,01,545 shares (52.07%) to 2,64,01,545 shares (56.03%) of the paid-up capital.

Parameter:	Before Conversion	After Conversion
Promoter Shareholding	2,25,01,545 shares (52.07%)	2,64,01,545 shares (56.03%)
Outstanding Warrants	84,00,000 (16.18%)	45,00,000 (8.67%)
Total Promoter Control	59.52% (diluted basis)	59.52% (diluted basis)

Capital Structure Changes

The conversion resulted in a substantial expansion of the company's equity base. The paid-up share capital increased from Rs. 43,21,62,910 to Rs. 47,11,62,910, representing the allotment of 39,00,000 new equity shares.

Metric:	Pre-Conversion	Post-Conversion
Equity Share Capital	Rs. 43,21,62,910	Rs. 47,11,62,910
Number of Shares	4,32,16,291	4,71,16,291
Diluted Capital	Rs. 51,91,62,910	Rs. 51,91,62,910

Regulatory Compliance

The transaction was disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The convertible warrants were originally designed to be converted into equity shares within 18 months of allotment, and the conversion was executed well within this timeframe.

The company maintains its listing on BSE Limited with scrip code 521113. Following the conversion, 45,00,000 warrants remain outstanding, representing 8.67% of the diluted share capital, providing potential for further equity expansion in the future.

Historical Stock Returns for Suditi Industries