The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Lalit Kumar Daga
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Awaiting price reaction for this filing.
Lalit Kumar Daga, a promoter of Nirav Commercials Limited, has transferred 16,583 equity shares (4.23% of the company's paid-up equity capital) to his son Shailesh Daga via an off-market inter-se transfer on 30 July 2025. Both parties belong to the promoter/promoter group, so the overall promoter group holding in the company remains unchanged at the consolidated level. Post this transfer, Lalit Kumar Daga individually holds Nil shares in the company, while Shailesh Daga now holds the 4.23% stake. The company's total equity capital is Rs. 39.20 lakh, comprising 3,92,000 fully paid-up equity shares of Rs. 10 each.
This is a purely internal reshuffle within the promoter family (father to son) and does not change the total promoter group ownership in the company. Retail investors are unlikely to see any material impact on stock price or shareholder value since the promoter group's collective control remains intact.