Promoter Ashok Jain gifts 4% stake to family via inter-se transfer
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Promoter Ashok Jain transferred 1,97,080 shares (4% of equity) to family members via gift deed on June 12, 2026. Recipients: daughter-in-law Sunaina Jain (98,540 shares, 2%), daughter Monica Jain (73,905 shares, 1.5%), and daughter Radhica Sharma (24,635 shares, 0.5%). Ashok Jain's individual stake dropped from 17.66% to 13.66%, but total promoter group holding stayed unchanged at 53.45%. No cash was exchanged.
Inter-se gift within promoter family; no change in total promoter holding and no material impact on share price or control.