The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Minute windows have no benchmark: there is no intraday index history to compare against.
Promoter Aanjan Jitesh Patodia is acquiring 5,40,696 equity shares (15.851%) from his father and fellow promoter Jitesh Mahendrakumar Patodia through an off-market gift transfer. The transaction, valued at NIL consideration, is scheduled on or after April 24, 2026. After the transfer, Aanjan's holding will increase from 1.267% to 17.118%, while Jitesh's holding will decrease from 51.118% to 35.267%. The company confirms the aggregate promoter and promoter group holding remains unchanged, as this is purely an intra-family restructuring among promoters. The transaction qualifies for exemption under Regulation 10(1)(a)(i) and 10(1)(a)(ii) of SEBI SAST Regulations.
This is an internal promoter restructuring with no change in total promoter holding, so it has no direct impact on minority shareholders or stock valuation. However, it increases Aanjan Patodia's individual promoter stake significantly.