Brand Concepts Limited had received disclosure from Mr. Pradeep Maheshwari (Seller) Promoter of the Company for selling of 16,24,220 (Sixteen Lacs Twenty Four Thousand Two Hundred & Twenty ....
BCONCEPTS · price
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On the reaction day the stock moved 1.3 pts less than Nifty Microcap 250 and 0.5 pts less than its Speciality Retail peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Promoter Mr. Pradeep Maheshwari has disposed of 1,624,220 equity shares (13.01% of shareholding) of Brand Concepts Limited through an off-market inter-se transfer by way of gift. The shares were transferred to Mr. Prateek Maheshwari, a member of the Promoter Group. The transaction was executed on 08th May 2026 and was exempt from standard trading restrictions under Regulation 4(1) proviso (i) of the Insider Trading Regulations. Post-transaction, Mr. Pradeep Maheshwari's holding has reduced from 24,68,853 shares (19.78%) to 8,44,633 shares (6.77%). No monetary consideration was involved as this was a gift transfer.
Promoter stake sale of 13.01% reduces Pradeep Maheshwari's holding below 10%, indicating a significant shift in the promoter group's shareholding structure within the family. This is an intra-group transfer with no impact on public shareholding or market float.