Brand Concepts Limited has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition made in reliance upon exemption provided for in regulation 10 of SEBI (SAST) Regulations, 2011.
BCONCEPTS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Brand Concepts Limited has filed a disclosure under Regulation 10(6) of SEBI SAST Regulations 2011 regarding an off-market inter-se transfer of 16,24,220 equity shares (13.01% of total share capital) from Mr. Pradeep Maheshwari (Promoter) to Mr. Prateek Maheshwari (Member of Promoter Group). The transfer was executed as a gift with no monetary consideration, completed on 08th May 2026. Following the transaction, Mr. Prateek Maheshwari's stake increased from 11.03% to 24.04%, while Mr. Pradeep Maheshwari's holding decreased from 19.78% to 6.77%. The transaction qualifies for exemption under Regulation 10(1)(a)(i) as an intra-group transfer between promoter group members.
The transfer represents a reshuffling of promoter group holdings with no direct impact on public shareholders or company operations. Mr. Prateek Maheshwari's stake approaching 25% may attract market attention as it moves closer to the open offer threshold under SEBI regulations.