GOLDIAMNSEGoldiam International Limited· Gems Jewellery And WatchesMediumNeutral
Announced Mon, 2 Mar · 16:16 IST

Goldiam International Limited has Submitted to the Exchange a copy of Disclosure under Regulation 10 (5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Ownership Changes View source PDF

GOLDIAM · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Promoter Mr. Rashesh Manhar Bhansali has informed the exchanges of a proposed inter-se transfer of 52,98,118 equity shares (4.69% of the company's share capital) from his mother Mrs. Shobhnaben Manharkumar Bhansali, who is also part of the Promoter Group. The transfer will be done by way of a gift, without any consideration, and will convert Mrs. Shobhnaben's sole ownership into a joint shareholding with Mr. Rashesh Bhansali, where she will remain the first holder. The transaction is exempt from the open offer requirement under SEBI's takeover regulations as it is an inter-se transfer between immediate relatives within the Promoter Group. The aggregate Promoter and Promoter Group shareholding will remain unchanged at 38.39%, and there will be no change in control of the company. The 60-day volume-weighted average market price is Rs. 377.15 per share, and the proposed date of execution is on or after March 10, 2026.

Likely market impact

This is an internal family reclassification within the Promoter Group and does not change total promoter ownership or control of the company, so it is unlikely to have any material impact on the stock price or minority shareholders.