The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Prabhadevi Sanghai
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Promoter Prabhadevi Sanghai received 2,92,08,875 equity shares (8.69% of share capital) of Polo Queen Industrial and Fintech Ltd as a gift from fellow promoters Nihar Pawankumar Sanghai, Nikhil Sanghai, and Pawankumar Sanghai on June 19, 2025. This was an off-market inter-se transfer among promoters, raising her individual holding from 10.01% to 18.71% of the company's paid-up share capital. The transaction is exempt under Regulation 10(1)(a)(i) of the Takeover Regulations, and importantly, there is no change in the aggregate promoter and promoter group shareholding of the company. The company's total paid-up share capital remains at ₹67,15,00,000 divided into 33,57,50,000 equity shares of ₹2 face value.
This is a reshuffling of shares within the promoter family with no impact on overall promoter ownership or the company's capital structure. Retail investors should not expect any change in control, voting power, or market dynamics as a result of this filing.