Euro Pratik Sales Limited has informed stock exchanges about a share acquisition by its promoter group entities under SEBI’s substantial acquisition regulations. The disclosure reveals strategic moves by key promoter entities to increase their stake in the company.
Share Acquisition Details
The acquisition involved two promoter group entities making identical purchases in the open market. The transaction details are presented below:
|
Acquirer |
Shares Acquired |
Percentage of Total Capital |
|
Pratik Gunwantraj Singhvi HUF |
200000 |
0.20% |
|
Jai Gunwantraj Singhvi HUF |
200000 |
0.20% |
|
Total Acquisition |
400000 |
0.40% |
The shares were acquired through open market purchase on March 27, 2026, representing a combined investment in 400000 equity shares of the company.
Holdings Comparison
The acquisition has resulted in changes to the promoter group’s shareholding pattern. The following table shows the before and after positions:
|
Entity |
Before Acquisition |
After Acquisition |
Change |
|
Pratik Gunwantraj Singhvi HUF |
22982888 shares (22.49%) |
23182888 shares (22.68%) |
+200000 shares |
|
Jai Gunwantraj Singhvi HUF |
22982889 shares (22.49%) |
23182889 shares (22.68%) |
+200000 shares |
|
Combined Total |
45965777 shares (44.98%) |
46365777 shares (45.36%) |
+400000 shares |
The acquisition has increased the combined stake of both HUFs from 44.98% to 45.36% of the total voting capital.
Promoter Group Structure
The complete promoter group includes various individuals and entities acting in concert. Key stakeholders in the promoter group include:
- Pratik Gunwantraj Singhvi holding 4139430 shares (4.05%)
- Jai Gunwantraj Singhvi holding 4086953 shares (4.00%)
- Dipty Pratik Singhvi holding 6001771 shares (5.87%)
- Nisha Jai Singhvi holding 6001771 shares (5.87%)
- Nidhi Sacheti holding 2850000 shares (2.79%)
The total promoter group holding after the acquisition stands at 69512402 shares, representing 68.02% of the company’s total share capital.
Company Capital Structure
Euro Pratik Sales Limited’s equity share capital remains unchanged at ₹10.22 crore, divided into 10.22 crore equity shares of Re. 1 each. The company’s shares are listed on both BSE Limited and National Stock Exchange of India Limited, trading under the symbol EUROPRATIK on NSE.
The disclosure was made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and was signed by Company Secretary & Compliance Officer Shruti Kuldeep Shukla on March 30, 2026.
