The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mona Kailash Choudhari
AKSHOPTFBR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mona Kailash Choudhari has received 30 lakh equity shares (1.84% of total share capital) from Dr. Kailash Shantilal Choudhari, a member of the promoter group, as a voluntary gift via off-market transfer on May 1, 2025. Prior to this, Mona held no shares and was not part of the promoter group; following the gift, she is being reclassified as a promoter group member under Regulation 31A(6)(a) of SEBI LODR. The transaction is a non-cash inter-se family transfer within the promoter group, meaning the overall promoter group shareholding remains unchanged. The total equity capital of the company stands at 16,26,97,971 shares of Rs. 5 each.
This is a routine internal reshuffling of promoter group holdings within the family — no fresh equity has been issued and no outsider is involved. It has no material impact on the share price or on the combined promoter group's control of the company, though it formalises Mona Kailash Choudhari's status as a promoter group member.