Disclosure under Regulation 10(6) of SEBI (SAST) Regulations, 2011 is attached herewith.
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Moongipa Capital Finance has informed BSE about the transmission of 1,48,800 equity shares (1.62% of paid-up capital) from the late Mr. Suresh Chander Jain, a promoter, to his nominee Mr. Sanjay Jain, who is also a promoter, director, and the deceased's son. The transmission is exempt under Regulation 10(1)(g) of the SEBI Takeover Regulations. As a result, Mr. Sanjay Jain's holding rose from 7,72,350 shares (8.43%) to 9,21,150 shares (10.05%), crossing the 10% individual shareholding mark. The overall promoter group shareholding remains unchanged, as the shares moved within the promoter family.
This is a procedural disclosure arising from the passing of a promoter; there is no cash transaction and no change in total promoter group ownership, so it is largely neutral for the stock. Individual promoter Mr. Sanjay Jain has now crossed the 10% shareholding threshold, which is a notable data point but not an actionable market trigger.