BSEInsider Trading / SAST5d ago · 31 Aug 2026, 04:46 pm
The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....
Chiraharit Ltd · 544561
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Chiraharit Ltd's promoter group, Malaxmi Climate Resilience Platform Private Limited, has intimated the BSE about acquiring 2,87,99,990 equity shares of the company from Mrs. Tejaswini Yarlagadda at Rs. 8/- per share, which is not more than 25% higher than the 60-day average market price. The acquisition is exempt under Regulation 10(1)(a)(iii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern3/10
Regulatory Risk6/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Chiraharit Ltd - 544561 - Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Regulations, 2011
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MALAXMI CLIMATE RESILIENCE PLATFORM PRIVATE LIMITED
Registered Office: “Malaxmi Courtyard” Survey No 157, Khajaguda Village,
Chitrapuri Colony Post, Hyderabad, Telangana, India-500104.
Phone: +91-7331177272 | E-mail: contact@mcrplatform.org
www.mcrplatform.org | CIN: U72100TS2026PTC214335
Date: 31st August 2026
The Manager
Department of Corporate Services
BSE Limited
25th Floor, P.J. Towers
Dalal Street, Mumbai — 400 001
Maharashtra, India
Respected Sir/Madam,
Sub: Prior Intimation under Regulation 10(5) of SEBI (Substantial Acquisition of Shares and
Takeovers) Regulations, 2011 for proposed acquisition of 2,87,99,990 Equity Shares
of Re. 1/- each fully paid-up of Chiraharit Limited (“Target Company”) from
Mrs. Tejaswini Yarlagadda – Transferor (“The Promoter Group of the Target
Company”)
With regard to the captioned subject, we have enclosed herewith disclosure in the prescribed
format under Regulation 10(5) of the Securities and Exchange Board of India (Substantial
Acquisition of Shares and Takeovers) Regulations, 2011 (“SEBI SAST Regulations") in respect
of proposed acquisition of 2,87,99,990 (Two Crore Eighty-Seven Lakh Ninety-Nine Thousand
Nine Hundred and Ninety) Equity Shares of face value of Re. 1/- (Rupee One Only) each
fully paid up of Chiraharit Limited (“Target Company”) from Mrs. Tejaswini Yarlagadda –
Transferor (one of the Promoters of the Target Company) through an off-market transfer.
Please note that this transaction falls within the exemption provided under Regulation
10(1)(a)(iii) of the SEBI SAST Regulations.
The same may please be taken on record and suitably disseminated to all concerned.
Thanking you
Yours faithfully,
For MALAXMI CLIMATE RESILIENCE PLATFORM PRIVATE LIMITED
HARISH CHANDRA PRASAD YARLAGADDA
Director
DIN: 00015202
Disclosures under Regulation 10(5) – Intimation to Stock Exchanges in respect of acquisition
under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares and Takeovers)
Regulations, 2011
1. Name of the Target Company Chiraharit Limited
(TC) (Scrip Code – 544561; ISIN - INE12P101018)
2. Name of Acquirer(s) Malaxmi Climate Resilience Platform Private Limited
(CIN: U72100TS2026PTC214335)
3. Whether the acquirer(s) is/ The Acquirer is the member of the Promoter Group of the
are promoters of the TC prior Target Company and Mrs. Tejaswini Yarlagadda,
to the transaction. If not, Promoter of the Company holds 90% of the Equity
nature of relationship or Shareholding in the Acquirer.
association with the TC or its
promoters
4. Details of the proposed
acquisition
a. Name of the person(s) from Mrs. Tejaswini Yarlagadda – Transferor (Promoter of the
whom shares are to be Target Company)
acquired
b. P roposed date of Any time after 4 working days from the date of this
acquisition intimation i.e. on or after Friday, 07th September, 2026
c. N umber of shares to be 2,87,99,990 (Two Crore Eighty-Seven Lakh Ninety-Nine
acquired from each person Thousand Nine Hundred and Ninety) Equity Shares of
mentioned in 4(a) above face value of Re.1/- (Rupee One Only) each fully paid up
d. T otal shares to be acquired 52.56%
as % of share capital of TC
e. P rice at which shares are Rs. 8/- (Rupees Eight Only) per Equity Share
proposed to be acquired
f. R ationale, if any, for the The proposed transfer is being undertaken for the
proposed transfer purpose of consolidating the promoter's shareholding in
the Target Company under a corporate entity, being
Malaxmi Climate Resilience Platform Private Limited, in
which Mrs. Tejaswini Yarlagadda holds 90% of the equity
share capital, for ease of corporate structuring and long-
term holding.
5. Relevant sub-clause of Regulation 10(1)(a)(iii) of the Securities and Exchange
regulation 10(1)(a) under Board of India (Substantial Acquisition of Shares and
which the acquirer is Takeovers) Regulations, 2011, as amended (“SEBI SAST
exempted from making open Regulations”)
offer
6. If, frequently traded, volume The equity shares of the Target Company are frequently
weighted average market traded in terms of Regulation 2(1)(j) of the SEBI SAST
price for a period of 60 trading Regulations.
days preceding the date of
issuance of this notice as The equity shares of the Target Company are presently
traded on the stock exchange listed on BSE Limited. The volume weighted average
where the maximum volume market price for a period of 60 trading days preceding the
of trading in the shares of the date of issuance of this notice, as traded on BSE is Rs
TC are recorded during such 8.65/- (Rupees Eight and Paise Sixty-Five only) per equity
period share.
7. If in-frequently traded, the Not Applicable
price as determined in terms
of clause (e) of sub-regulation
(2) of regulation 8.
8. Declaration by the acquirer, The Acquirer declares that the proposed acquisition price
that the acquisition price of Rs. 8/- (Rupees Eight Only) per equity share is not
would not be higher by more higher by more than 25% of the price computed in Point
than 25% of the price 6.
computed in point 6 or point 7
as applicable.
9. Declaration by the acquirer, The Transferor and the Transferee have complied (during
that the transferor and 3 years prior to the date of proposed acquisition)/ will
transferee have complied comply with applicable disclosure requirements in
(during 3 years prior to the Chapter V of the SEBI SAST Regulations, 2011
date of proposed acquisition) (corresponding provisions of the repealed Takeover
/ will comply with applicable Regulations 1997)
disclosure requirements in
Chapter V of the Takeover
Regulations, 2011
(corresponding provisions of
the repealed Takeover
Regulations 1997)
10. Declaration by the acquirer The Acquirer confirms that all applicable conditions
that all the conditions stipulated under Regulation 10(1)(a) of the SEBI SAST
specified under regulation Regulations with respect to exemption has been duly
10(1)(a) with respect to complied with by the acquirer.
exemptions has been duly
complied with
11. Shareholding Details Before the proposed After the
transaction proposed transaction
12. No. of % w.r.t No. of % w.r.t
shares total shares total
share share
capital of capital of
TC TC
a. Acquirer(s) and PACs (other NIL NIL 2,87,99,990 52.56%
than sellers)
b. Seller 2,87,99,990 52.56% NIL NIL
NOTE:
• (*) Shareholding of each entity may be shown separately and then collectively in a
group.
• The above disclosure shall be signed by the acquirer mentioning date & place. In case,
there is more than one acquirer, the report shall be signed either by all the persons or
by a person duly authorized to do so on behalf of all the acquirers
Thanking You,
Yours faithfully,
For MALAXMI CLIMATE RESILIENCE PLATFORM PRIVATE LIMITED
HARISH CHANDRA PRASAD YARLAGADDA
Director
DIN: 00015202
Date: 31st August, 2026
Place: Hyderabad