Rossari Biotech: Promoter group member increases stake via gift
Jyotishna Sunil Chari, a member of Rossari Biotech Limited's promoter group, has acquired 1,500,000 equity shares of the company on August 28, 2025. This acquisition, representing 2.71% of the company's voting rights, was executed through an off-market inter-se transfer by way of a gift from Sunil Srinivasan Chari, also a promoter, and did not involve any consideration. The transaction falls under the exemption provided by Regulation 10(1)(a)(ii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, for inter-se transfers among promoters.
Following this acquisition, Jyotishna Sunil Chari's shareholding in Rossari Biotech increased from 1,000,330 shares (1.81% of voting capital) to 2,500,330 shares (4.52% of voting capital). Sunil Srinivasan Chari's holding consequently decreased from 16,089,320 shares (29.06% of voting capital) to 7,289,320 shares (13.17% of voting capital). The overall aggregate holding of the promoter and promoter group remains unchanged after this internal transfer.
The total equity share capital of Rossari Biotech Limited before and after the acquisition remains RS 11,07,33,932 (55,366,966 fully paid-up equity shares of RS 2/- each). The total diluted share capital after the acquisition is RS 11,26,88,532 (56,344,266 fully paid-up equity shares of RS 2/- each).
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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