Alpa Laboratories Limited�has Submitted to the Exchange a copy of Disclosure under Regulation 10 (5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
ALPA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Alpa Laboratories has informed the exchange of a proposed inter se transfer of 35,21,760 shares (16.74% of total share capital) by way of gift within the promoter group, under SEBI Takeover Regulations. Mrs. Asha Chawla will gift 29,05,760 shares (13.81%) and Mr. Mahendra Singh Chawla will gift 6,16,000 shares (2.93%) to Mr. Paresh Chawla, all belonging to the promoter/promoter group. No consideration is involved as the shares are being transferred as a family gift to consolidate family assets and businesses. After the transaction, Mr. Paresh Chawla's holding will rise to 72,08,210 shares (34.26%) of the company. The proposed date of acquisition is on or after 10th June 2025.
This is an internal promoter family reallocation with no change in total promoter group shareholding, so it is a neutral event for minority shareholders and is unlikely to affect the stock price.