StockWatch
·
Leather And Leather Products
Shareholding18 Sept 2026, 05:30 pm

Ruchi Ajitsaria Acquires 0.0741% Stake in Zenith Exports

AI Summary

Zenith Exports Ltd has filed a disclosure regarding a substantial acquisition of shares. Ruchi Ajitsaria, a promoter, has acquired 4,000 shares, representing 0.0741% of the company's share capital, from Rajkumar Loyalka HUF. This acquisition is part of the dissolution of the HUF and is considered an inter-se transfer among the promoter group. The transaction is exempted from making an open offer under Regulation 10(1)(a)(ii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as it involves a transfer without consideration due to HUF dissolution. The acquirer has declared compliance with relevant disclosure requirements and conditions for exemption.

Key Highlights

  • Ruchi Ajitsaria acquires 4,000 shares (0.0741%) in Zenith Exports.
  • Acquisition is from Rajkumar Loyalka HUF as part of HUF dissolution.
  • Transaction is an inter-se transfer within the promoter group.
  • Exempted from open offer under SEBI Takeover Regulations 10(1)(a)(ii).
  • Shareholding of acquirer and PACs increases slightly.