The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Parulben Harsukhbhai Gondalia & PACs
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Mrs. Parulben Harsukhbhai Gondalia, a member of the promoter group of Prashant India Ltd, acquired shares of the company by way of gift on 13th June 2025. Her holding in the company increased from approximately 1.9998% to 3.90% of total share/voting capital. The acquisition is part of internal promoter family restructuring, with several Persons Acting in Concert (PACs) listed. No cash transaction was involved as the shares were received as a gift.
This is an internal promoter family transfer via gift and does not involve any open-market buying or new dilution. It is neutral for the stock price but consolidates shareholding within the promoter family. Investors should note the promoter's increased declared stake in the company.