The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Lalit Kumar Daga
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Lalit Kumar Daga, a promoter of Nirav Commercials Ltd, transferred 1,983 equity shares (0.51% of paid-up capital) to his son Raghav Daga on 18 July 2025 through an off-market inter-se transfer within the promoter group. Post-transfer, Lalit Kumar Daga's holding fell from 18,566 shares (4.74%) to 16,583 shares (4.23%). Since this is a transfer between promoter group family members, the overall promoter group shareholding in the company remains unchanged. No encumbrance (pledge/lien) details were involved in the transaction.
This is a routine intra-family reshuffle of shares within the promoter group and does not affect total promoter ownership or minority shareholder interests. No material impact on the stock price is expected from this disclosure.