Disclosures under Reg 10(5) of SEBI SAST Regulations 2011
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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).
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.