The Exchange has received the revised disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....
GMMPFAUDLR · price
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GMM Pfaudler's promoter group entity Millars Machinery Company Pvt Ltd plans to buy 25,000 equity shares (0.06% of share capital) from another promoter, Mrs. Pragna Patel, at INR 1,400 per share. The transaction is an off-market inter-se transfer within the promoter family and is exempt from making an open offer under Regulation 10(1)(a)(ii). The 60-day volume-weighted average price was INR 1,546, and the deal price is within the 25% cap allowed. The acquisition is scheduled to happen on or after August 28, 2025. Total promoter group holding remains unchanged at 25.18% before and after the deal; only individual holdings within the family get reshuffled.
This is a minor internal reshuffling within the promoter family and has no impact on overall promoter ownership or voting power. Retail shareholders need not worry about any change in control or dilution.