StockWatch
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Civil Construction
Shareholding12 Sept 2026, 01:00 pm

Chiraharit Ltd: Promoter Sells 52.56% Stake to Malaxmi Climate

AI Summary

Chiraharit Limited has disclosed a significant change in its promoter shareholding. Dr. Tejaswini Yarlagadda, a promoter, has sold her entire stake of 2,87,99,990 equity shares, representing 52.56% of the total share capital, to Malaxmi Climate Resilience Platform Private Limited. Malaxmi Climate Resilience Platform is also part of the promoter group. The transaction was conducted off-market as an inter-se transfer within the promoter group. This change in substantial shareholding has been reported under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Promoter Dr. Tejaswini Yarlagadda sold 52.56% stake.
  • Sale involved 2,87,99,990 equity shares of Chiraharit Ltd.
  • Acquirer is Malaxmi Climate Resilience Platform Pvt Ltd.
  • Transaction is an off-market inter-se transfer within promoter group.
  • Disclosure made under SEBI Takeover Regulations.