FilingReader Intelligence

Hindustan Cotton increases stake in Sarla Performance Fibers

December 6, 2025 at 06:00 AM UTCBy FilingReader AI

Hindustan Cotton Company, through its partner Sarladevi Madhusudan Jhunjhunwala, has acquired an additional 2,068 equity shares (0.0024%) in Sarla Performance Fibers Limited. This transaction, executed on December 04, 2025, through an open market, falls under the purview of Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Before this acquisition, the promoter group held 47,571,543 shares, representing 56.9699% of the total share/voting capital. Post-acquisition, their holding has increased to 47,573,611 shares, bringing their total stake to 56.9723% of the equity share capital. The total equity share capital of Sarla Performance Fibers Limited before and after the acquisition stood at 8,35,03,000 shares.

This disclosure was made to both the BSE Limited and the National Stock Exchange of India Limited, confirming the change in the promoter group's substantial shareholding. The acquisition involved no encumbrances or convertible securities.

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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