The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shitul Shah
ALPA · price
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Mr. Shitul Shah acquired 1,09,000 shares (0.52% of diluted share capital) of Alpa Laboratories Ltd from Mr. Pravin Shah via an off-market inter-se transfer by way of gift on 16th June 2025. Post-transfer, Shitul Shah's holding rose from 4.40% (9,25,200 shares) to 4.92% (10,34,200 shares), while Pravin Shah's holding fell from 5.75% (12,10,580 shares) to 5.23% (11,01,580 shares). No monetary consideration was involved as the shares were gifted between promoter/promoter group members. Importantly, the total promoter and promoter group shareholding of the company remains unchanged before and after the transfer.
This is an internal reshuffle within the promoter family and has no impact on overall promoter ownership or the company's shareholding pattern. Retail investors are unlikely to see any material effect on the stock price from this purely administrative transfer.