The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rahul Mahesh Jhawar
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Mr. Rahul Mahesh Jhawar, Director, Promoter and CFO of Dhanlaxmi Cotex Limited, has disclosed a sale of 78,900 equity shares (1.62% of the company's paid-up capital) on 25 November 2025. The transaction was carried out off-market as a gift to his father, Mr. Mahesh Sohanlal Jhawar, who is part of the promoter group. Before the transfer, Rahul held 78,900 shares (1.62%); after the transfer, his individual holding stands at 0 shares (0.00%). The disclosure was filed under SEBI (SAST) Regulation 29(2) and SEBI (PIT) Regulation 7(2). The company's total equity capital remains 48,71,350 shares of Rs. 10 each.
Although the promoter has technically sold 1.62%, the shares were transferred within the promoter family (as a gift to his father), so the overall promoter group holding in the company remains unchanged. No direct negative impact on the stock is expected from this intra-family reorganisation.