Acquisitions1 Apr 2026, 10:37 am
Picturehouse Media Ltd: Promoter Mrs. Jhansi Sureddi to Acquire 6.36% Shares via Inter-Se Transfer
AI Summary
Picturehouse Media Ltd has received a disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Mrs. Jhansi Sureddi, a promoter of the company, will acquire 33,21,179 Equity Shares of the Company through an off-market inter-se transfer between promoters for consideration. This acquisition will result in a 6.36% holding in the company.
Key Highlights
- Mrs. Jhansi Sureddi, a promoter of Picturehouse Media Ltd, will acquire 33,21,179 Equity Shares through an inter-se transfer.
- The acquisition will result in a 6.36% holding in the company.
- The acquisition is exempted from making an open offer as per Regulation 10(1)(a) of the SEBI SAST Regulations, 2011.
- The acquisition price will not be higher by more than 25% of the price computed in point 6 or point 7 as applicable.
- The transferors and transferees have complied with applicable disclosure requirements in Chapter V of the SEBI SAST Regulations.
Price Impact
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