Jyotsna Poddar has formally disclosed the acquisition of 26,22,000 equity shares in Paradeep Phosphates Limited (PPL) as a gift from her immediate relative, Akshay Poddar, on February 16, 2026. Following this transaction, Ms. Poddar’s total holding in PPL now stands at 29,15,874 shares, representing 0.28% of the company’s total paid-up share capital. The acquisition was executed via an off-market, inter-se transfer.
Shareholding Disclosure Details
Jyotsna Poddar submitted a mandatory disclosure concerning changes in her shareholding in Paradeep Phosphates Limited (PPL). The transaction details confirm the acquisition of 2,622,000 equity shares through a gift from an immediate relative, Akshay Poddar, dated February 16, 2026. This transaction was executed as an OFF MARKET – INTER SE TRANSFER.
Pre and Post-Transaction Holding Analysis
Prior to this acquisition, Ms. Poddar held 293,874 shares, which accounted for 0.03% of the total voting capital. The acquisition of 2,622,000 shares, representing 0.25% of the share capital, has increased her cumulative stake significantly. The resulting total holding is now recorded at 2,915,874 shares, equating to 0.28% of the total paid-up share capital of Paradeep Phosphates Limited.
Capital Structure Context
The disclosure also outlines the relevant share capital figures for PPL. Before the transaction, the equity share capital and total voting capital stood at 103,79,68,989 Equity Shares of Rs. 10/- each fully paid up. This capital base remained unchanged post-acquisition, as the transaction was an inter-se transfer within the existing structure.
Persons Acting in Concert (PAC)
Ms. Poddar is listed as an acquirer, and the disclosure identifies several Persons Acting in Concert (PAC) with her, including ADVENTZ FINANCE PRIVATE LIMITED, ZUARI AGRO CHEMICALS LIMITED, ZUARI INDUSTRIES LIMITED, ZUARI MAROC PHOSPHATES PRIVATE LIMITED, AKSHAY PODDAR, SHRADHA AGARWALA, and GAURAV AGARWALA. Ms. Poddar confirms that the acquirer belongs to the Promoter/Promoter group.
Source: BSE