The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Prateek Maheshwari

Brand Concepts Limited has filed a disclosure under SEBI SAST Regulation 10(6) for 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 (Managing Director and Member of Promoter Group). The transfer was made by way of gift with no monetary consideration. The transaction qualifies for exemption under Regulation 10(1)(a)(i) as it is an inter-se transfer between promoter group members. Following the transfer, Prateek Maheshwari's holding increased from 11.03% to 24.04%, while Pradeep Maheshwari's holding decreased from 19.78% to 6.77%. The disclosure was made within the timeline specified under Regulation 10(5).