Promoter Prem Kumar Bhajanka has formally notified Century Plyboards (India) Limited of a change in his shareholding, filing the required disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction, which occurred on February 11, 2026, involved the disposal of 1,800,000 shares via the Open Market. This resulted in the promoter group’s total voting capital decreasing from 72.60% to 71.83%.
Mandatory Disclosure Filed by Promoter
The Promoter, PREM KUMAR BHAJANKA, has submitted a mandatory disclosure to the stock exchanges concerning a shift in his stake in CENTURY PLYBOARDS (INDIA) LIMITED. The filing outlines the transaction details as required under the Substantial Acquisition of Shares and Takeovers Regulations, 2011.
Details of Share Acquisition/Disposal
The primary event detailed in the filing is a disposal occurring on February 11, 2026. The mode of disposal was through the Open Market. The transaction involved the sale of 1,800,000 equity shares, representing 0.81% of the total capital, by Mr. Bhajanka.
Impact on Promoter Group Holding
The filing provides a comprehensive snapshot of the shareholding changes among the Promoter and Persons Acting in Concert (PACs). Before the disposal, the total shareholding of the group stood at 72.60% (or 161,382,858 shares). Following the transaction, the aggregate holding after the disposal decreased to 71.83% (or 159,582,858 shares).
Key Group Holding Variations
While the overall group stake saw a net decrease, the annexure highlights specific individual holdings:
- PREM KUMAR BHAJANKA (Promoter): His holding reduced from 3,672,561 shares (1.65%) to 1,872,561 shares (0.84%) after the disposal of 1,800,000 shares.
- SANJAY AGARWAL (Promoter): His holding remained unchanged at 24,930,460 shares (11.22%).
- SAJJAN BHAJANKA (Promoter): His holding remained constant at 24,214,037 shares (10.90%).
Capital Structure Reference
The capital structure used for calculation prior to and after the transaction remains consistent, based on an equity share capital of 222,172,990 Equity Shares of Re. 1/- each.
Source: BSE
