The Exchange has received the disclosure under Regulation 10(7) in respect of acquisition under Regulation 10(1)(a)(i)of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....
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Mr. Aanjan Jitesh Patodia (son) acquired 5,40,696 equity shares representing 15.851% of MKP Mobility Limited from his father Mr. Jitesh Mahendrakumar Patodia through an off-market inter-se transfer by way of gift on May 4, 2026. This was a NIL consideration transaction between immediate relatives who are both promoters of the company. Prior to the transfer, Aanjan held 43,217 shares (1.267%) which increased to 5,83,913 shares (17.118%) after acquisition. Jitesh's holding decreased from 17,43,658 shares (51.118%) to 12,02,962 shares (35.267%). The aggregate promoter group holding remains unchanged at approximately 52.385%. The transaction qualifies for exemption under Regulation 10(1)(a)(i) and 10(1)(a)(ii) of SEBI SAST Regulations, avoiding any open offer obligation.
This intra-family transfer redistributes promoter stake within the Patodia family without affecting total promoter holding. While Aanjan's stake crosses the 5% and 10% disclosure thresholds, no open offer was triggered as this falls under the immediate relative exemption. There is no direct impact on minority shareholders or stock price from this transfer.