Brand Concepts Limited has Submitted to the Exchange a copy of Disclosure under Regulation 10 (5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
BCONCEPTS · price
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Brand Concepts Limited disclosed an inter-se transfer of 1,624,220 equity shares (13.01% of total share capital) from Mr. Pradeep Maheshwari (Promoter) to Mr. Prateek Maheshwari (Member of Promoter Group). The transaction is structured as a gift with no monetary consideration and is scheduled to be completed on or before 8th May 2026. Following the transfer, Mr. Prateek Maheshwari's holding will increase from 11.03% to 24.04%, while Mr. Pradeep Maheshwari's holding will decrease from 19.78% to 6.77%. The transaction qualifies for exemption under Regulation 10(1)(a)(i) of SEBI SAST Regulations as it involves transfer between promoters.
This is an internal restructuring of promoter shareholding within the Maheshwari family through a gift transfer. The overall promoter group holding remains intact as the shares move between related parties, with no impact on public shareholding or open offer requirements.