Disclosure under Regulation 7(2) read with Regulation 6(2) of The SEBI (Prohibition of Insider Trading) Regulation,2015
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mr. Pradeep Ganediwal, a promoter of Mid India Industries Ltd, has acquired 8,56,126 equity shares (5.25% of the company) through transmission following the demise of Late Shri Ranchhod Prasad Ganediwal, who was also a promoter. Post this transfer, Pradeep Ganediwal's holding in the company has increased from 23,68,000 shares (14.53%) to 32,24,126 shares (19.78%). This is an inter-se transfer within the promoter family and not a market transaction. The disclosure has been filed with BSE under SEBI Insider Trading Regulations.
This is a non-market event — shares simply moved from a deceased promoter to another promoter within the same family, so there is no change in the overall promoter group's combined holding or any fresh buying pressure on the stock. Shareholders are not affected materially; the total promoter ownership remains the same.