Ruchira Papers Limited
2 June 2026
Shashi Garg Acquires 9.61% of Ruchira Papers Limited
Ruchira Papers Limited – Share Acquisition Disclosure
Date of Announcement: 2 June 2026
Introduction
Ruchira Papers Limited has filed a disclosure with the stock exchanges regarding a recent acquisition of voting shares through transmission/inheritance. No NSE or BSE symbols are mentioned in the filing.
Key Details of the Acquisition
Shareholding Impact
| Category | Shares Held | % of Total Voting Capital | % of Diluted Capital |
|---|---|---|---|
| a) Shares carrying voting rights | 2,867,318 | 9.61 % | 9.61 % |
| e) Total (a+b+c+d) | 2,867,318 | 9.61 % | 9.61 % |
No shares were encumbered, nor were any VRs, warrants, convertible securities, or other instruments reported.
Mode of Acquisition
- Transmission / Inheritance (Off‑Market)
Date of Acquisition
- 29 May 2026 (date of receipt of intimation of allotment / acquisition)
Capital Structure (Pre‑ and Post‑Acquisition)
- Equity share capital / total voting capital:
- Rs. 298,449,850 comprising 29,844,985 equity shares of Rs. 10 each.
- The capital figures remain unchanged before and after the acquisition, indicating that the transaction involved existing shares only.
Acquirer
- Shashi Garg – Promoter & Whole Time Director of Ruchira Papers Limited.
- Acquired the shares as nominee of the late Shri Umesh Chander Garg, former Managing Director and Promoter, following his demise on 23 January 2026.
Declaration
- The disclosure is signed by Shashi Garg on 2 June 2026 at Yamunanagar.
Summary
- The filing reports a 9.61 % increase in voting shareholding for Shashi Garg, arising from a transmission/inheritance of shares previously held by the late promoter.
- The company’s equity share capital and total voting capital remain unchanged at Rs. 298.45 million (29.84 million shares).
- No new securities, warrants, or convertible instruments were issued as part of this transaction.
Investors should note the change in shareholding composition resulting from the inheritance, while the overall capital structure of Ruchira Papers Limited stays the same.
Original Source Document
View the original exchange filing or announcement.
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