The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Amrish Patel
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Awaiting price reaction for this filing.
Amrish Patel has acquired 22,600 equity shares (3.89%) of Autoriders International Ltd from Disha Patel via an inter-se transfer by way of gift among qualifying relatives (promoter family) on 17 September 2025. Post-transaction, Amrish Patel's holding increased from 17,400 shares (2.99%) to 40,000 shares (6.89%), while Disha Patel's holding fell from 22,800 shares (3.93%) to just 200 shares (0.034%). The transaction is priced at Nil since it is a gift and is exempt from open-offer requirements under Regulation 10(1)(a)(i) of SEBI's Takeover Regulations. The disclosure under Regulation 10(6) was filed with BSE on 26 September 2025.
This is a reshuffling of shares within the promoter family rather than a change in overall promoter control, so it is unlikely to have a material impact on the stock price. However, Amrish Patel's personal stake has more than doubled, signalling a consolidation of holdings within the promoter group.