The Exchange has received the disclosure under Regulation 10(7) in respect of acquisition under Regulation 10(1)(a)(ii)of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....
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Shantanu Daga, a member of the promoter group of Deepak Spinners Limited, acquired 428 equity shares (0.01% of total share capital) from Asha Devi Daga (also promoter group) by way of a gift on 6 March 2026. The transfer was without any consideration and qualifies as an inter-se transfer of shares among relatives, exempting the acquirer from making an open offer. Shantanu Daga's individual holding rose from 29,615 shares (0.41%) to 30,043 shares (0.42%). The combined promoter and PAC group holding barely changed, from 45.94% to 45.95% of the company's share capital. The disclosure was filed with BSE on 12 March 2026.
This is a routine intra-family gift transfer within the promoter group with negligible impact on the company's shareholding pattern. No open offer is triggered, and the overall promoter group stake remains virtually unchanged at around 45.95%, which is below the 50% threshold. Shareholders are unlikely to see any meaningful effect on the stock price from this transaction.