BSEGTN Textiles LtdHighNeutral
Announced Tue, 24 Mar · 11:23 IST

Disclosures under Reg 10(5) of SEBI SAST Regulations 2011

Promoter Stake BuyPromoter Stake Sell 1pctOwnership Changes View source PDF

Price

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

Price reaction · full curve 14 horizons · vs prior close
+0.4%1-day move
₹8.23
prior close
₹8.25
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0+0.4+2.7+4.5+4.5+4.5+6.0+19.1+14.8+12.3+8.5
Up moveDown movePending
AI summary

Promoter Shri Ankur Patadia proposes to transfer 13,11,771 equity shares (11.27% of paid-up capital) to his wife Smt Swati Patodia, who is also a promoter, by way of a Gift through an off-market inter-se transfer. No monetary consideration is involved. The transfer is scheduled for 26 March 2026 and qualifies for exemption from an open offer under SEBI SAST Regulation 10(1)(a)(i) as it is between immediate relatives. Post-transfer, Ankur Patadia's holding will drop from 11.27% to 0%, while Swati Patodia's holding will rise from 2.34% (2,71,900 shares) to 13.60% (15,83,671 shares).

Likely market impact

This is a reshuffling of promoter shareholding within the family and does not change the total promoter stake in the company. Since shares are being transferred as a gift with no consideration, it is unlikely to have a material impact on the stock price, though existing public shareholders should note the change in individual promoter holdings.