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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Rahul Mahesh Jhawar, who serves as Promoter, Director and CFO of Dhanlaxmi Cotex Ltd, has disclosed a transfer of 78,900 equity shares (1.62% of the company's paid-up capital) to his father, Mr. Mahesh Sohanlal Jhawar, on November 25, 2025. The transaction was carried out off-market and was structured as a gift. Following this transfer, Rahul Jhawar's individual holding in the company has gone to zero from 78,900 shares. The company's total equity capital remains unchanged at 48,71,350 shares of Rs. 10 each. The disclosure was made under Regulation 29(2) of SEBI (SAST) Regulations, 2011 and Regulation 7(2) of SEBI (PIT) Regulations, 2015.
Since this is a gift between family members within the promoter group (an inter-se transfer), the overall promoter group holding in Dhanlaxmi Cotex is unlikely to change materially. Retail investors should not view this as a promoter exiting the company; rather, it is a reshuffling of shares within the promoter family.