The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jignesh Ramniklal Sheth
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Multiplus Holdings Ltd has filed a disclosure under SEBI (SAST) Regulation 10(6) regarding the transmission of 4,69,000 equity shares (24.95% of diluted share capital) to Mr. Jignesh Ramniklal Sheth, the company's Promoter and Managing Director. The shares were transmitted from his late spouse, Ms. Krishna Jignesh Sheth, upon her demise. As Mr. Sheth was already a Promoter and MD, this is an inheritance event rather than a market purchase, so no price was paid. The pre-disclosure under Regulation 10(5) was filed on 17th September 2025, and the transmission was effected on 24th September 2025. No change in control or management occurs since the acquirer was already part of the promoter group.
Neutral for retail investors — this is a passive inheritance event, not a voluntary market transaction. There is no fresh promoter outflow or new external shareholder entering the company, so no immediate impact on stock price is expected. Promoter (family) shareholding remains consolidated within the same promoter group.