The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Durga Ramji
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Polyspin Exports promoter Durga Ramji (wife of late R. Ramji) has disclosed the transmission of 14,17,017 equity shares following the demise of her husband, effective June 2, 2026. After this transmission, Durga Ramji's individual holding rose from 9.19% (9,19,096 shares) to 23.36% (23,36,113 shares), while R. Ramji's holding dropped from 19.17% to 4.99% (remaining shares in another demat account are yet to be transmitted). The combined promoter and promoter group shareholding remains unchanged at 46,82,926 shares or 46.83% of the company. No open offer is triggered as the transaction qualifies for exemption under Regulation 10(1)(g) of the SEBI Takeover Code for intra-promoter transfers.
This is an internal promoter family transmission triggered by a personal event (death) and involves no change in the total promoter stake. There is no impact on the company or its stock price; existing shareholders need not take any action.