Brand Concepts had received disclosure from Mr. Prateek Maheshwari (Acquirer) Member of Promoter Group of the Company for acquisition of 16,24,220 (Sixteen Lacs, Twenty Four Thousand & ....
BCONCEPTS · price
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Prateek Maheshwari, Managing Director and member of the Promoter Group of Brand Concepts Ltd, acquired 1,624,220 equity shares (13.01% stake) from Pradeep Maheshwari, Promoter of the Company. The transaction was executed on 8th May 2026 via off-market inter-se transfer by way of gift with no consideration paid. Following the acquisition, Prateek Maheshwari's holding increased from 11.03% (13,76,154 shares) to 24.04% (30,00,374 shares). The disclosure was filed under Regulations 4(1) and 7(2) of SEBI Insider Trading Regulations.
This represents consolidation within the promoter group with no cash outflow. Prateek Maheshwari's holding crossing the 24% mark signals increased promoter commitment. The shareholding structure is being reorganized among insiders, which may be neutral for external shareholders.