Lotus Family Trust, through its trustee Barclays Wealth Trustees (India) Private Limited, has sold 19,40,009 equity shares in Tilaknagar Industries Limited. This transaction, conducted between May 27, 2025, and August 14, 2026, represents a reduction in the Trust’s direct shareholding from 5.66% to 3.64% based on the initial paid-up capital. Following adjustments for subsequent capital increases, the Trust’s net shareholding is now 4.43%, with a net reduction of 0.78% in voting rights.
Lotus Family Trust Reduces Stake in Tilaknagar Industries
Lotus Family Trust, managed by its trustee Barclays Wealth Trustees (India) Private Limited, has divested a substantial portion of its holdings in Tilaknagar Industries Limited. The sale involved 19,40,009 equity shares, with the transactions taking place over a period from May 27, 2025, to August 14, 2026.
Shareholding Changes Detailed
Prior to this sale, Lotus Family Trust’s holding in Tilaknagar Industries stood at 1,09,57,705 shares, representing 4.43% of the total voting capital and 4.28% on a diluted basis. The sale of 19,40,009 shares is reported as an ‘Open Market’ transaction. Based on the company’s initial paid-up share capital of 19,36,33,950, these sales initially reduced the Trust’s shareholding from 5.66% to 3.64%, a reduction of 2.02%. However, due to a subsequent increase in Tilaknagar Industries’ share capital, the Trust’s shareholding, when re-calculated against the revised capital, is now stated at 4.43%. The net reduction in the Trust’s shareholding post-adjustment is 0.78%.
Key Figures Post-Sale
After the sale, Lotus Family Trust’s holding in Tilaknagar Industries is 90,17,696 shares, accounting for 3.64% of the total share/voting capital and 3.53% on a diluted basis. The total equity share capital of Tilaknagar Industries before and after the acquisition sale remained constant at 24,74,73,875. The total diluted capital after the said acquisition sale is 25,55,56,400.
Source: BSE
