Assam Entrade Ltd reports promoter Shivoy Gupta acquires 1.23% stake via off‑market gift

What Assam Entrade Ltd announced

Assam Entrade Ltd filed a disclosure with the Bombay Stock Exchange on 19 June 2026 under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The filing states that Mr. Shivoy Gupta, a promoter of the company, acquired 17,748 equity shares of Assam Entrade Ltd. The acquisition was effected off‑market through a gift deed and was recorded as having taken place on 16 June 2026. After the transfer, Gupta’s total holding in the company increased to 23,855 shares, representing 1.65% of the total diluted share capital.

"The acquisition of 17,748 (1.23%) equity shares of the company by way of inter‑se off‑market transfer by way of gift deed between members of the company."

Details of the acquisition

• Acquirer: Mr. Shivoy Gupta (identified as a promoter/promoter group).
• Shares acquired: 17,748 equity shares, each of Rs 10 face value.
• Percentage of total diluted share capital: 1.23% (pre‑acquisition) and 1.65% after the acquisition.
• Total diluted share capital of Assam Entrade Ltd: 1,439,790 equity shares (Rs 10 each) – unchanged by the transaction.
• Mode of acquisition: Off‑market transfer via a gift deed; no cash consideration is disclosed.
• Date of acquisition / receipt of intimation: 16 June 2026.
• Post‑acquisition holding: 23,855 shares (1.65% of total voting capital).

The filing also confirms that the share capital before and after the transaction remains the same at 1,439,790 shares, indicating that the gift deed did not involve any issuance of new shares or alteration of the authorized capital.

Regulatory framework

Regulation 29(2) of the SEBI (SAST) Regulations, 2011 obliges any person acquiring more than 0.5% of the voting rights of a listed entity to disclose the acquisition to the stock exchange within two working days. The purpose is to provide transparency to the market about changes in shareholding, especially when the acquirer belongs to the promoter group. The filing includes the required details such as the number of shares acquired, the percentage of total diluted share capital, the mode of acquisition, and the date of receipt of shares. The disclosure is filed on the BSE platform, as the company’s shares are listed only on the Bombay Stock Exchange (ticker 542911).

Key facts at a glance

Why this matters for investors

The disclosure does not alter the company’s capital structure; no new shares were issued and there is no cash inflow associated with the transaction. However, the increase in promoter holding is material from a corporate‑governance perspective because it signals a consolidation of promoter interest. For shareholders, the key implication is that the promoter’s voting power has risen from 0.42% (pre‑acquisition) to 1.65% of the total voting capital. This may affect future decisions that require promoter consent, but the filing does not indicate any immediate operational or financial impact on the business.

Investors should note that the transaction was executed off‑market and therefore did not involve a public tender offer or a price‑discovery mechanism. The gift deed nature of the transfer suggests a private arrangement between existing members of the company, which is permissible under SEBI regulations provided the required disclosure is made, as has been done.

Conclusion

Assam Entrade Ltd has complied with SEBI’s disclosure requirements by reporting that promoter Shivoy Gupta acquired 17,748 equity shares via an off‑market gift deed on 16 June 2026. The acquisition raises his stake to 1.65% of the total diluted share capital, while the company’s authorized and issued share capital remain unchanged. No further regulatory approvals are indicated in the filing, and the transaction is now part of the public record for market participants.