The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kripal Singh Bhatia
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Mr. Kripal Singh Bhatia, a promoter of Hemang Resources Limited, transferred 840 equity shares to his grandson Mr. Harnishpal Singh Bhatia as an off-market gift on June 17, 2025. The 840 shares represent just 0.0064% of the company's total equity share capital (Rs. 13.2 crore). The disclosure was made under Regulation 29(2) of SEBI (SAST) Regulations 2011 and Regulation 7(2) of SEBI (PIT) Regulations 2015. After this gift, the transferor's holding in this specific disclosure stands at Nil. The transaction is an intra-family gift with no market-based buying or selling involved.
This is a negligible, family-internal share transfer with no material impact on promoter control, shareholding pattern, or stock price. Retail investors have nothing to worry about — it's a routine family arrangement.