VST Tillers Tractors shareholding of V.V. Pravindra stays at 2.59% (224,146 shares)

What VST Tillers Tractors announced

On 29 June 2026, VST Tillers Tractors Ltd. filed a disclosure with the Bombay Stock Exchange under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The filing relates to the shareholding of V.V. Pravindra, the acquirer and promoter, in the company. The core message is that there has been no change in the number of voting shares held by V.V. Pravindra – the stake remains at 224,146 shares, which corresponds to 2.59% of the total diluted share capital of the company.

The filing also notes the removal of the name of the late Mr. V.K. Surendra, a joint holder, from the share register. No new shares were acquired, no shares were sold, and no convertible instruments were exercised as part of this disclosure.

Details of the acquisition / disposal

• Acquirer / Person Acting in Concert (PAC): V.V. Pravindra (promoter group).
• Target Company: VST Tillers Tractors Ltd.
• Pre‑acquisition holding: 224,146 shares, representing 2.59% of the total diluted share capital.
• Post‑acquisition holding: 224,146 shares, still 2.59% of the total diluted share capital.
• Mode of acquisition / sale: Not applicable – the filing records a nil transaction. The only administrative change is the deletion of the deceased co‑holder’s name.
• Date of acquisition / receipt of allotment: 25 June 2026 (the date of the intimation of allotment, though no actual allotment occurred).
• Equity share capital / total voting capital of the target: 8,65,27,540 shares (both before and after the filing, indicating no change in the capital structure).

The filing explicitly states that the total number of shares held by V.V. Pravindra did not change because the deceased co‑holder’s share was not transferred to any other party; the share count remained with the surviving promoter.

Regulatory framework

Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 requires any person or entity that acquires, disposes of, or otherwise alters its shareholding in a listed company to disclose the details to the stock exchange within a prescribed time‑frame. The purpose is to ensure transparency for investors and to monitor potential takeover activity.

Key points of the regulation relevant to this filing:

• Threshold for disclosure: Any acquisition that results in a change of 1% or more in the shareholding of a listed entity must be reported.
• Information required: Name of the target company, identity of the acquirer (and any persons acting in concert), the number of shares held before and after the transaction, percentage of total diluted share capital, mode of acquisition, and date of acquisition.
• Filing deadline: The disclosure must be made within two working days of the transaction or event.

In this case, the filing satisfies the regulatory requirement by confirming that the shareholding percentage remains unchanged and by documenting the removal of a deceased holder’s name, which is a material change in the register of shareholders.

Key facts at a glance

Why this matters for investors

The filing confirms that the promoter’s stake in VST Tillers Tractors has not increased and there has been no dilution of existing shareholders’ interests. For investors, this means:

• Stability of promoter ownership: The 2.59% holding by V.V. Pravindra remains unchanged, indicating no new capital infusion or share purchase that could affect control dynamics.
• No immediate impact on share price: Since there is no change in the shareholding pattern, the market is unlikely to react solely on the basis of this filing.
• Transparency compliance: The company has complied with SEBI’s disclosure norms, which reassures investors that any material changes in shareholding will be promptly reported.
• Potential future implications: While the current filing does not signal a takeover or significant stake increase, it does keep the regulator and market informed about the composition of the promoter group, especially after the death of a joint holder.

Conclusion

VST Tillers Tractors Ltd. filed a Regulation 29(2) disclosure on 29 June 2026 indicating that V.V. Pravindra continues to hold 224,146 voting shares, amounting to 2.59% of the company’s total diluted share capital. The only change recorded is the removal of the deceased co‑holder, Mr. V.K. Surendra, from the share register. No new shares were acquired or disposed of, and the company’s capital structure remains unchanged. The filing satisfies SEBI’s transparency requirements and provides investors with a clear view of the current promoter holding.

"There is no change in the shareholding, since Mr. V.V. Pravindra is the first holder and Mr. V.K. Surendra name was deleted as a holder."