Suditi Industries Promoter Pawan Agarwal Reduces Shareholding Through Market Sales

Suditi Industries Limited's promoter Pawan Agarwal has disclosed a significant reduction in his shareholding through multiple market sales conducted over recent months. The transactions, disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, involved the disposal of 26,00,000 equity shares through open market sales.

Transaction Details

The share disposals were executed in three separate tranches across different dates. The transactions demonstrate a systematic reduction in the promoter's stake over the specified period.

Transaction Date	Shares Sold	Sale Value (%)	Method
September 1-2, 2025	5,00,000	1.26%	Market Sale
November 19, 2025	10,00,000	2.52%	Open Market Sale
November 19, 2025	11,00,000	2.78%	Market Sale
Total	26,00,000	6.56%	Market Sales

Shareholding Changes

The progressive reduction in Pawan Agarwal's shareholding reflects a substantial change in the promoter's stake in the company. The transactions resulted in a notable decrease in both direct shareholding and total diluted shareholding.

Parameter	Before Sales	After Sales	Change
Direct Shares Held	1,68,13,398	1,42,13,398	-26,00,000
Direct Shareholding (%)	42.44%	35.88%	-6.56%
Total Diluted Holding	1,98,13,398	1,72,13,398	-26,00,000
Diluted Shareholding (%)	38.16%	33.16%	-5.00%

Company Capital Structure

Suditi Industries Limited maintains a stable equity share capital structure throughout these transactions. The company's capital base includes both equity shares and convertible securities that contribute to the diluted share capital calculation.

Capital Component	Details
Equity Share Capital	₹39,61,62,910
Number of Equity Shares	3,96,16,291 shares
Face Value per Share	₹10.00
Warrants/Convertible Securities	30,00,000
Total Diluted Capital	₹51,91,62,910
Total Diluted Shares	5,19,16,291 shares

Regulatory Compliance

The disclosures were made in compliance with SEBI regulations, with Pawan Agarwal submitting the required forms to both the company's board of directors and the Bombay Stock Exchange. As a promoter and director of the company (DIN: 00808731), Agarwal fulfilled his regulatory obligations by providing detailed information about the share disposals.

The company's shares are listed on the Bombay Stock Exchange under scrip code 521113. Despite the reduction in promoter shareholding, Agarwal continues to hold a significant stake in the company, maintaining his position as a key stakeholder with substantial voting rights through both direct equity holdings and convertible securities.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.54%	-3.28%	+19.30%	-0.80%	+67.63%	+450.08%

Suditi Industries Ltd. has filed a regulatory disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, following the completion of warrant conversion by promoter category investors. The company submitted the disclosure to BSE on January 06, 2026, detailing the shareholding changes resulting from the allotment of 36,00,000 equity shares.

Warrant Conversion and Allotment Details

The Board of Directors approved the warrant conversion through a circular resolution on January 02, 2026, pursuant to member approval obtained at an Extra-Ordinary General Meeting held on January 03, 2025. The allotment involved conversion of warrants at an exercise price of ₹27.50 per warrant, with warrant holders paying the remaining 75% exercise price of ₹20.625 per warrant.

Parameter:	Details
Total Shares Allotted:	36,00,000 equity shares
Face Value:	₹10.00 per share
Exercise Price:	₹27.50 per warrant
Balance Amount Paid:	₹20.625 per warrant (75%)
Total Consideration:	₹7,42,50,000
Allotment Date:	January 02, 2026

Promoter Group Shareholding Changes

The SEBI SAST disclosure reveals detailed shareholding patterns before and after the warrant conversion by promoter group persons Tanuj Pawan Agarwal and Harsh Pawan Agarwal. The conversion significantly altered their equity participation in the company.

Allottee Name:	Warrants Converted	Amount Paid	Balance Warrants
Tanuj Pawan Agarwal:	30,00,000	₹6,18,75,000	Nil
Harsh Pawan Agarwal:	6,00,000	₹1,23,75,000	24,00,000
Total:	36,00,000	₹7,42,50,000	24,00,000

Shareholding Pattern Analysis

The regulatory filing provides comprehensive details of the promoter group's shareholding before and after the acquisition. Prior to conversion, the promoter group held 70,000 equity shares (0.18% of total share capital) and 60,00,000 warrants.

Shareholding Status:	Before Conversion	After Conversion	Change
Equity Shares Held:	70,000 (0.18%)	36,70,000 (8.49%)	+36,00,000
Warrants Held:	60,00,000	24,00,000	-36,00,000
Total Diluted Holding:	11.69%	11.69%	No change

Impact on Share Capital Structure

The warrant conversion has resulted in a substantial increase in the company's issued and paid-up capital structure. The newly allotted equity shares rank pari-passu with existing equity shares in all respects.

Capital Structure:	Before Allotment	After Allotment
Paid-up Capital:	₹39,61,62,910	₹43,21,62,910
Number of Shares:	3,96,16,291	4,32,16,291
Total Diluted Capital:	₹51,91,62,910	₹51,91,62,910
Diluted Share Count:	5,19,16,291	5,19,16,291

Regulatory Compliance Framework

The disclosure was filed under the preferential allotment framework, with the company fulfilling all requirements under SEBI (SAST) Regulations, 2011. The warrants carry an 18-month exercise period from the date of original allotment, with warrant holders having paid 25% of the issue price at initial subscription. The remaining 24,00,000 unexercised warrants held by Harsh Pawan Agarwal can be converted within the stipulated timeframe, subject to payment of the balance exercise price.