StockWatch
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Non Banking Financial Company (NBFC)
Shareholding26 Jun 2026, 03:33 pm

Crescentis Capital: Promoters Gift 1.76% Shares Between Them

AI Summary

Crescentis Capital Ltd announced an inter-se transfer of equity shares within its promoter group. Dr. Bhaskara Rao Bollineni gifted 3,00,000 equity shares, representing 1.76% of the paid-up capital, to Mr. Bhavanam Ruthvik Reddy. This off-market transaction occurred on June 24, 2026. Following the gift, Dr. Bollineni's holding decreased from 68.80% to 67.04%, while Mr. Reddy's increased from 6.17% to 7.94%. The aggregate shareholding of the promoter group remains unchanged, with the transfer constituting a redistribution within the group. The disclosure is made pursuant to SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Key Highlights

  • Promoter Dr. Bhaskara Rao Bollineni gifted 1.76% stake to Mr. Bhavanam Ruthvik Reddy.
  • The transaction was an off-market gift, occurring on June 24, 2026.
  • Dr. Bollineni's holding reduced to 67.04%, Mr. Reddy's increased to 7.94%.
  • Aggregate promoter group shareholding remains unchanged.
  • Disclosure filed under SEBI (SAST) Regulations, 2011.