The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ashok Jain & PACs
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Fluidomat Ltd promoter Ashok Jain has transferred 1,47,810 equity shares (3% of total equity) by way of gift to two immediate family members: 98,540 shares (2%) to his daughter-in-law Sunaina Jain and 49,270 shares (1%) to his daughter Radhica Sharma. Both recipients are classified as part of the Promoter Group. As a result, Ashok Jain's individual stake falls from 20.66% (10,17,952 shares) to 17.66% (8,70,142 shares). However, the total promoter group holding remains unchanged at 53.45% (26,33,546 shares) since this is an inter-se transfer within the promoter family. The transfer was executed through a gift deed on 13-03-2026.
This is a routine internal family restructuring — overall promoter control and promoter group shareholding percentage remain exactly the same at 53.45%. No change in voting power or control, so no material impact on the stock price is expected. Investors should view this as estate planning by the promoter rather than any meaningful divestment.