Dr. Lakshana Amit Sharma, a promoter of Smartlink Holdings Limited, has significantly increased her stake in the company through a family gift transfer, bringing her total shareholding to exactly 10.00% of the company's equity capital.

Transaction Details

The acquisition involved 2,02,892 equity shares, representing 2.03% of the company's total share capital. The transaction was executed as an off-market inter-se transfer by way of gift from Dr. Sharma's immediate relative, her mother Mrs. Sudha Kamalaksha Naik, on December 22, 2025.

Shareholding Pattern Changes

Prior to this acquisition, Dr. Sharma held 7,94,608 equity shares, constituting 7.97% of the company's total share capital. Following the completion of this transaction, her total shareholding has increased to 9,97,500 equity shares, representing exactly 10.00% of the company's equity capital.

Company Capital Structure

Smartlink Holdings Limited's equity share capital remains unchanged at ₹1,99,50,000.00, divided into 99,75,000 equity shares of ₹2.00 each. The transaction did not involve any encumbered shares, warrants, convertible securities, or other instruments that could affect the company's capital structure.

Regulatory Compliance

The disclosure was made under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Dr. Sharma filed the necessary documentation with both the National Stock Exchange of India Limited and BSE Limited on December 24, 2025, ensuring full compliance with regulatory requirements for substantial acquisition disclosures.

The transaction represents a straightforward family transfer within the promoter group, with no changes to the company's overall capital structure or diluted share capital. Dr. Sharma's increased stake reinforces the promoter group's commitment to the company while maintaining transparency through proper regulatory disclosures.

Arati Naik, a promoter of Smartlink Holdings Limited, has officially withdrawn her intention to acquire equity shares of the company under the Securities and Exchange Board of India's Substantial Acquisition of Shares and Takeovers (SAST) Regulations.

Withdrawal Details

The withdrawal notice, dated December 22, 2025, was submitted to both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE). This follows an earlier intimation dated December 9, 2025, which concerned an off-market inter-se transfer of equity shares between promoters.

Regulatory Compliance

In her communication to the stock exchanges, Naik stated that she has decided to withdraw her intention to acquire shares of the company. She confirmed that no acquisition pursuant to the original intimation dated December 9, 2025, will be undertaken.

The withdrawal pertains to Regulation 10(1)(a) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, which governs the disclosure requirements for substantial acquisitions of shares and voting rights in listed companies.

Communication Process

The formal withdrawal notice was addressed to the managers of both major stock exchanges where Smartlink Holdings Limited shares are listed. Additionally, a copy of the communication was sent to the Company Secretary and Compliance Officer of Smartlink Holdings Limited at the company's registered address in Verna Industrial Estate, Goa.

This development represents a change in the promoter's earlier stated intention regarding share acquisition, demonstrating the dynamic nature of corporate shareholding decisions and the importance of timely regulatory disclosures in maintaining market transparency.