Siddharth Jain to acquire 30 percent stake in GFL via gift from Pavan Jain
GFLLIMITED · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.7 pts more than Nifty Microcap 250 and 2.9 pts more than its Holding Company peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Promoter Mr. Siddharth Jain will acquire 3.29 crore shares (30% of capital) in GFL Limited from fellow promoter Mr. Pavan Jain on 24 August 2026 as a gift between immediate relatives. No cash consideration involved. Pavan Jain's stake drops from 42.16% to 12.16%. Transfer exempt from open offer under Regulation 10(1)(a)(i).
Internal promoter family reshuffle via gift. No cash involved; total promoter holding unchanged. Neutral for stock price.