The Exchange has received the disclosure under Regulation 29(1) & 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Raghav Daga<BR>
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Awaiting price reaction for this filing.
Raghav Daga, a member of the promoter/promoter group of Nirav Commercials Ltd, has disclosed an acquisition of 38,983 equity shares (9.94% of the company) through off-market inter-se transfers within the promoter family. The shares were received from Lalit Kumar Daga (1,983 shares, 0.51%), Sheela Daga (19,500 shares, 4.97%), and Lalit Raghav Daga HUF (17,500 shares, 4.46%) between 8 July 2025 and 18 July 2025. Following this acquisition, Raghav Daga's holding has increased from 16,620 shares (4.24%) to 55,603 shares (14.18%) of the company. The total equity share capital of the company remains Rs. 39.20 lakh, comprising 3,92,000 fully paid equity shares of Rs. 10 each.
This is an internal reshuffling of shares within the promoter family rather than a fresh purchase from the market, so it is unlikely to materially affect the share price. However, it consolidates a significant 14.18% stake in one promoter family member, which existing shareholders may note for transparency on promoter holdings.