The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shripal Shah
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Promoter Shripal S. Shah has filed a disclosure under SEBI's Takeover Regulations regarding inheritance of 6,00,000 equity shares (26.09%) in Mahshri Enterprises Pvt Ltd (the Ultimate Promoter Holding Company) from the late Mrs. Roopa S. Shah via transmission. The shares were acquired without consideration (inheritance) on March 10, 2026. Mahshri Enterprises holds 62.45% in Aryaman Financial Services Ltd, which in turn holds 52.47% in Escorp Asset Management Ltd. There is no change in direct shareholding of the Promoter Group in Escorp, which remains at 67.61%. The filing also confirms there is no change in control of the Target Company.
This is a routine inheritance-driven disclosure within the promoter family and does not change the effective promoter shareholding or control of Escorp Asset Management Ltd. Shareholders should not expect any material impact on stock price or ownership structure, as it is essentially a reshuffle of shares among existing promoter-group members.