Promoter group inter-se gift transfer of 4.14 lakh shares at nil price
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On the reaction day the stock moved 2.0 pts less than Nifty Microcap 250 and 1.2 pts less than its Industrial Manufacturing peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Mrs. Lalita Devi Shantisarup Reniwal (promoter group) will receive 4,14,800 shares (6.73 percent) from her son Mr. Rajeev Shantisarup Reniwal as a gift at nil price on 16 October 2026. This is an inter-se transfer between immediate relatives under SEBI SAST Regulation 10(1)(a). Post transfer, Lalita Devi's holding rises from 43.26 percent to 49.99 percent, while Rajeev's drops from 31.69 percent to 24.96 percent. Total promoter group holding remains unchanged.
Neutral for shareholders. Internal family reshuffle within promoter group, no cash involved, total promoter holding unchanged.