The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Pravin Shah
ALPA · price
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Mr. Pravin Shah, part of the Promoter/Promoter Group of Alpa Laboratories Ltd, disposed of 1,09,000 equity shares (0.52% of paid-up capital) on 16 June 2025 via an off-market inter-se transfer by way of gift to another promoter group member, Mr. Shitul Shah. Post-disposal, Pravin Shah's holding stands reduced from 12,10,580 shares (5.75%) to 11,01,580 shares (5.23%). The total Promoter and Promoter Group shareholding in the company remains unchanged before and after the transfer, as this is purely a reshuffle within the promoter family. The disclosure has been filed under Regulations 10(6), 29(1) and 29(2) of SEBI (SAST) Regulations, 2011.
No material impact on share price or overall promoter control, since it is an internal rearrangement of holdings within the promoter family. Shareholders should note the individual stake of Mr. Pravin Shah has come down marginally to 5.23%, but the combined promoter group stake is unchanged.