Announced Wed, 23 Jul · 17:43 IST

The Company has received the Disclosures which are already made to exchange under Regulation 29 of SEBI (SAST) Regulations, 2011.

Promoter Stake BuyOwnership Changes View source PDF

Price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

On 18 July 2025, Nirav Commercials reported an off-market inter-se transfer of 38,983 equity shares (9.94% of total share capital) among promoter group members, with Raghav Daga as the acquirer. Shares came from his father Lalit Kumar Daga (1,983 shares, 0.51%), mother Sheela Daga (19,500 shares, 4.97%), and the family HUF Lalit Raghav Daga HUF (17,500 shares, 4.46%). Following this consolidation, Raghav Daga's individual holding in the company jumped from 4.24% (16,620 shares) to 14.18% (55,603 shares). The company's total share capital remains Rs. 39.20 lakh, made up of 3,92,000 equity shares of Rs. 10 each. Disclosures were filed under Regulation 29(1) and 29(2) of the SEBI Takeover Regulations.

Likely market impact

This is purely an internal reshuffling within the promoter family — the aggregate promoter shareholding stays the same, so there is no change in control and no real impact on the stock price. The move simply concentrates ownership within the next generation of the promoter family.