The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sheela Daga
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Sheela Daga, part of the promoter group of Nirav Commercials Ltd, has transferred her entire holding of 19,500 equity shares (4.97% of the company) to her son Raghav Daga, who also belongs to the promoter group. The transaction was executed off-market on 18 July 2025. After this transfer, Sheela Daga holds zero shares, while the shares move within the promoter family. The company's total share capital remains unchanged at Rs. 39,20,000 (3,92,000 equity shares of Rs. 10 each). The total promoter group shareholding stays the same since this is an internal reshuffle, not a change in promoter ownership.
No material impact on the stock price or overall promoter control—this is a routine family-level share reshuffle that keeps total promoter holding intact. Shareholders should note that succession planning is underway within the promoter family.