The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rajni Seth
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Mrs. Rajni Seth, a promoter of My Money Securities Ltd, has disclosed an acquisition of 1,37,050 equity shares (face value Rs. 10 each) from her late husband, Mr. Govind Narain Seth (also a promoter), by way of transmission/inheritance. The transaction is exempt from open offer under Regulation 10(1)(g) of SEBI SAST Regulations, 2011. Post-acquisition, her individual shareholding rose from 7,90,300 shares (4.70%) to 9,27,350 shares (5.52%) of the company. Importantly, the consolidated shareholding of the Promoter and Promoter Group remains unchanged after the transmission.
This is a routine family inheritance transmission and not a market-driven transaction — the total promoter group stake is unchanged, so there is no material impact on existing shareholders or stock price.