The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for L K Daga & Sons HUF
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L.K. Daga & Sons HUF, part of the promoter group of Nirav Commercials Ltd, has disclosed an off-market inter-se transfer of 17,140 equity shares (4.37% of the company's paid-up capital) to Shailesh Daga, who also belongs to the promoter group, on 30 July 2025. Before the transfer, the HUF held 17,140 shares (4.37%); after the transfer, its holding is reduced to zero. The total share capital of the company remains unchanged at Rs. 39.20 lakh (3,92,000 equity shares of Rs. 10 each). This is essentially a reshuffle within the promoter family — no fresh shares were issued and no outside party is involved.
No impact on overall promoter shareholding or public shareholders — the shares are merely moving from one promoter-group entity to another, so the total promoter stake in the company stays the same. Shareholders should view this as routine internal restructuring rather than a change in control or sentiment signal.