Chiraharit Limited has disclosed a significant transaction where Dr. Tejaswini Yarlagadda, identified as a Promoter, has sold 2,87,99,990 equity shares, representing 52.56% of the company’s total paid-up capital. The shares were acquired by Malaxmi Climate Resilience Platform Private Limited, a related entity within the promoter group. This transaction is an off-market, inter-se transfer among promoter group members.
Promoter Group Consolidates Stake in Chiraharit Limited
Chiraharit Limited has announced a substantial change in its shareholding structure following an off-market, inter-se transfer. Dr. Tejaswini Yarlagadda, a key promoter of Chiraharit Limited, has divested 2,87,99,990 equity shares. These shares, each with a face value of Re. 1/- and fully paid-up, constitute approximately 52.56% of the total paid-up equity share capital of the company.
Acquisition by Related Entity
The acquirer in this transaction is Malaxmi Climate Resilience Platform Private Limited. This entity is confirmed to be part of the promoter group of Chiraharit Limited, indicating a consolidation of holdings within the promoter circle. The sale and purchase of these shares occurred on September 10, 2026.
Transaction Details
The total equity share capital of Chiraharit Limited, both before and after this acquisition, remains at Rs. 5,47,96,000/-, comprising 5,47,96,000 equity shares of Re. 1/- each. Similarly, the total diluted share/voting capital also stands at Rs. 5,47,96,000/-. This transaction, classified as an off-market, inter-se transfer between promoter group members, was executed in accordance with Regulation 10(1)(a)(iii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
The disclosure indicates that prior to this transaction, the shares carrying voting rights held by the transferor would have been significantly higher. Following the disposal, the holding of the transferor would be zero in this specific transfer, while the acquirer now holds 52.56% of the voting rights and diluted share capital.
Source: BSE
