Shardul Securities: Promoter group acquires 20.94% stake

Shardul Securities Limited has announced a significant inter-se transfer of shares within its promoter group. Shriyam Commodities Intermediary LLP, a promoter group member, will acquire 1,83,20,010 equity shares, representing 20.94% of the company's equity share capital. These shares are being acquired from existing promoter group members: Gagan Dinanath Chaturvedi, Shruti Gagan Chaturvedi, Mohini G Chaturvedi, Pradeep Sandeep Corporate Advisors LLP, and Kamvan Construction Private Limited. The acquisition is slated to occur on or after July 13, 2026, at a price of ₹65 per share. This transaction is part of an internal restructuring exercise and is being conducted under Regulation 10(1)(a) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, exempting the acquirer from making an open offer.