The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ashok Jain
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Fluidomat Ltd promoter Mr. Ashok Jain has transferred 1,47,810 equity shares (3% of total share capital) via a gift deed dated March 13, 2026. The shares were given to his daughter-in-law Smt. Sunaina Jain (98,540 shares, 2%) and daughter Smt. Radhica Sharma (49,270 shares, 1%). Both recipients will now be classified as part of the Promoter Group as immediate relatives. As a result, Ashok Jain's individual holding reduced from 20.66% (10,17,952 shares) to 17.66% (8,70,142 shares). The total Promoter Group holding remains unchanged at 53.45% (26,33,546 shares) since this is an inter-se family transfer with no cash consideration.
This is a non-cash inter-se transfer within the promoter family, so there is no change in overall promoter control or voting power (still 53.45%). Shareholders should not expect any impact on stock price or corporate control — the shares have simply moved from one promoter family member to two others.