Shareholding29 Jun 2026, 11:46 am
Crescentis Capital: Promoters Gift Shares, Shareholding Shifts
AI Summary
Crescentis Capital Ltd announced a share transfer between its promoters, Dr. Bhaskara Rao Bollineni and Mr. Bhavanam Ruthvik Reddy. Dr. Bollineni gifted 3,00,000 equity shares, representing 1.76% of the total capital, to Mr. Reddy via an off-market transaction. This re-distribution within the promoter group results in Dr. Bollineni's holding decreasing from 68.80% to 67.04%, while Mr. Reddy's holding increases from 6.17% to 7.94%. The aggregate shareholding of the promoter and promoter group remains unchanged.
Key Highlights
- Promoter Dr. Bhaskara Rao Bollineni gifted 1.76% stake to Promoter Mr. Bhavanam Ruthvik Reddy.
- Transaction was an off-market share gift, effective June 24, 2026.
- Dr. Bollineni's stake reduced to 67.04%; Mr. Reddy's increased to 7.94%.
- Aggregate promoter group shareholding remains constant.
- Disclosure filed under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Price Impact
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