The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mahendra Singh Chawla
ALPA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mr. Mahendra Singh Chawla, a promoter of Alpa Laboratories, disclosed disposal of 29,05,760 equity shares (13.82%) via an off-market inter-se transfer by way of gift on 13th and 17th June 2025. Post-transfer, his holding drops from 13.82% to just 0.005%. The shares were received by another promoter, Mr. Paresh Chawla, as part of the same transaction. Importantly, the total promoter and promoter group shareholding remains unchanged before and after the transfer, confirming this is an internal reshuffle and not a change in overall promoter control of the company.
No material impact on stock price expected since the transaction is an internal gift transfer within the promoter family with no change in total promoter shareholding. Shareholders should note that any future decisions or voting power within the promoter group now rests more heavily with Mr. Paresh Chawla.