Kollareddy Ranganayakamma has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition made in reliance upon exemption provided for in regulation 10 of SEBI (SAST) Regulations, 2011.
MIDWESTLTD · price
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Mrs. Kollareddy Ranganayakamma, an immediate relative of promoters and member of the promoter group of Midwest Limited, acquired 14,08,851 equity shares (3.90%) from Mr. Rama Raghava Reddy Kollareddy (Promoter) by way of gift. The transaction took place on April 22, 2026. Post-transaction, Mrs. Kollareddy Ranganayakamma holds 16,90,621 shares (4.68%), while the seller's holding reduced from 64.10% to 60.21%. The company has clarified that the aggregate shareholding of the Promoter and Promoter Group remains unchanged as this is an exempt inter-se transfer among immediate relatives under Regulation 10(1)(a)(i).
This is a routine internal reorganisation of promoter holdings with no change to the total promoter group stake, so it is unlikely to have any direct impact on the company's stock price or minority shareholder position.