The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Neha Himesh Dadhia
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Awaiting price reaction for this filing.
Synthiko Foils Limited filed a disclosure under SEBI's Takeover Regulations regarding the transmission of 1,63,600 shares (9.40% of the total share capital) from the estate of late Mr. Himesh Ramesh Dadhia to his legal heir, Mrs. Neha Himesh Dadhia. The transaction was executed under Regulation 10(1)(g), which exempts acquisitions made through transmission, succession, or inheritance from the open offer requirement. Both the transferor and the acquirer belong to the promoter group, and the aggregate shareholding of the promoter and promoter group remains unchanged before and after the transmission.
This is a procedural disclosure for an intra-family transfer of shares via inheritance, with no change in total promoter ownership. It is unlikely to have any material impact on the stock price, as no new shares enter the market and promoter control stays the same.