Please find enclosed herewith the disclosure under regulation-30A of LODR.
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Awaiting price reaction for this filing.
Prakash Woollen & Synthetic Mills Ltd disclosed that promoter Mr. Vijay Kumar Gupta executed a Gift Deed on February 13, 2026, transferring 5,000 equity shares (0.05% stake) to his grandson Mr. Paawan Agarwal, who is already part of the promoter group. Prior to the transfer, Mr. Vijay Kumar Gupta held 4.18% and Mr. Paawan Agarwal held 0.00%; post-transfer, their holdings are 4.13% and 0.05% respectively. The transfer is part of a private family arrangement to streamline succession and ensure continuity of promoter family control. The company confirmed there is no change in overall promoter group holding and no impact on management or control.
This is a very minor intra-family transfer (just 0.05% of equity) within the promoter group, with no change in total promoter holding or control. It is essentially a non-event for shareholders and unlikely to have any meaningful impact on the stock price.