Inter se transfer of shares among promotors
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mrs. Jatinder Kaur Chadha has gifted 13,88,590 equity shares (13.61% of total share capital) to Mr. Rajinder Singh Chadha, both promoters and immediate relatives (brother-in-law). The transfer was done on November 20, 2025, as an off-market gift with no monetary consideration. As a result, Mr. Rajinder Singh Chadha's stake increased from 32.06% (32,71,254 shares) to 45.67% (46,59,844 shares), while Mrs. Jatinder Kaur Chadha's holding dropped to 0%. The transaction is filed under SEBI SAST Regulation 10(1)(a)(i), which exempts inter-se transfers among immediate relatives from open offer requirements. Total promoter group shareholding remains unchanged, meaning this is purely a reshuffle within the family. A filing fee of ₹1,77,000 (including GST) was paid to SEBI on December 11, 2025.
This is a private family arrangement within the promoter group with no change in overall promoter shareholding, so it should have no direct impact on minority shareholders or the stock price. However, Mr. Rajinder Singh Chadha is now approaching the 50% shareholding mark at 45.67%, which could be worth tracking for future stake movements.