Intimation of receipt of disclosure of inter-se transfer of shares among promoters pursuant to regulation 10(5) of SEBI (SAST) Regulation, 2011
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MKP Mobility Ltd received disclosure about a proposed inter-se transfer of 5,40,696 equity shares (15.851% of total equity) from Mr. Jitesh Mahendrakumar Patodia to Mr. Aanjan Jitesh Patodia. Both parties are promoters and immediate relatives of each other. The transfer is being done by way of gift without any monetary consideration, scheduled to take effect on or after April 24, 2026. The company has clarified that this transfer qualifies for exemption under Regulation 10(1)(a)(i) and 10(1)(a)(ii) of SEBI SAST Regulations as an inter-se transfer among promoters. Critically, the aggregate holding of the promoter and promoter group remains exactly the same before and after the transaction.
This is an internal reshuffling of promoter shares with no change in total promoter group ownership. There is no impact on the company's ownership structure or shareholder value. The stock price is unlikely to be affected by this filing.