Shareholding22 May 2026, 03:09 pm
Simandhar Impex: Promoter Group Sells 74.64% Stake to Farmico
AI Summary
Simandhar Impex Ltd. announced that its Promoter and Promoter group sold 2,281,615 equity shares, representing 74.64% of the total share capital, to Farmico International Private Limited. The transaction was executed via an off-market sale as per the Share Purchase Agreement dated January 14, 2026. Post-sale, the promoter group's holding stands at 0%. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Promoter group of Simandhar Impex sold 2,281,615 shares.
- Farmico International acquired 74.64% stake via off-market transaction.
- The sale was executed under a Share Purchase Agreement dated January 14, 2026.
- Post-sale, the promoter group's holding in Simandhar Impex is 0%.
Price Impact
More from SIMANDHAR