Announced Wed, 7 Oct, 2026 · 18:05 IST
Promoter Bhaskar Parekh acquires 31.73% stake via off-market inter-se gift transfer
Price
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Promoter Bhaskar Parekh acquired 34,89,760 shares (31.73%) of Prima Innovation from fellow promoter Dilip Parekh via an off-market inter-se transfer treated as a gift on 6 October 2026. Bhaskar's stake rose from 24.41% to 56.14%. No cash value as it is an inter-se promoter transfer.
Likely market impact
No change in total promoter holding. Bhaskar Parekh now holds over 50% (56.14%), gaining majority control of the company.