Announced Fri, 3 Apr · 16:17 IST

Transmission of 16,500 promoter shares to legal heir Mr. Shivam Goel

Ownership Changes View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Neeraj Paper Marketing Ltd has disclosed that 16,500 equity shares (0.15% of total share capital) held by Late Mr. Pankaj Goel, a member of the promoter group, have been transmitted to Mr. Shivam Goel, a legal heir, following Pankaj Goel's demise. The disclosure is filed under Regulation 10(6) of SEBI's Takeover Regulations. Since the transfer is by way of transmission/succession, it is exempt from the open offer requirement under Regulation 10(1)(g). There is no change in the overall promoter group shareholding—only an internal succession.

Likely market impact

Neutral for shareholders. Internal promoter group transfer via inheritance; no open offer triggered and combined promoter stake unchanged.