Silgo Retail Promoter Nitin Jain Acquires 0.62% Stake via Inter-se Transfer
Nitin Jain, a promoter of Silgo Retail Limited, acquired 2,00,000 equity shares (0.62%) on September 02, 2026. This was an inter-se transfer from promoter Bela Agrawal. Nitin Jain's stake increased to 22.69%, and Bela Agrawal's decreased to 2.17%. The total equity share capital remains 3,19,08,860 shares.
The transaction involves an inter-se transfer of shares among existing promoters, with no change in the overall promoter group's aggregate holding or control. The acquisition of a small percentage by one promoter from another does not significantly alter the company's strategic direction or financial performance.
The announcement details a change in shareholding among promoters via an inter-se transfer, which does not inherently indicate a positive or negative change in the company's fundamentals or outlook. It's a regulatory disclosure.
Silgo Retail Limited has disclosed a change in shareholding by its promoter, Mr. Nitin Jain. On September 02, 2026, Mr. Nitin Jain acquired 2,00,000 equity shares, representing 0.62% of the total issued and paid-up equity share capital of the company.
This acquisition was part of an inter-se transfer of shares amongst promoters. Concurrently, Ms. Bela Agrawal, also a promoter, sold 2,00,000 equity shares, representing 0.62% of the total issued and paid-up equity share capital. Following these transactions, Mr. Nitin Jain's shareholding increased to 22.69% (72,40,649 shares), while Ms. Bela Agrawal's holding decreased to 2.17% (6,93,750 shares).
The total equity share capital of Silgo Retail Limited before and after these transactions remained at 3,19,08,860 shares. The total diluted share capital stands at 4,49,08,860 shares.
A plain-language summary of a public exchange filing by Silgo Retail Limited. Read the original for the full detail.