Shardul Securities: Promoter Group Restructures Shareholding

Shardul Securities Ltd announced an inter-se transfer of shares among its promoter and promoter group members. Shriyam Commodities Intermediary LLP acquired 1,83,20,010 equity shares, representing 20.94% of the company's equity share capital, from various sellers within the promoter group. This transaction, valued at INR 65 per share, was part of an internal restructuring exercise and was completed on July 16, 2026. The acquisition was made in reliance upon an exemption provided under Regulation 10 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, exempting the acquirer from making an open offer.