Intimation under Regulation 30 of SEBI (LODR) ,2015 - Demise of Mrs. Sangita Nehalbhai Panchal (Promotor Group)
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Rajesh Power Services Ltd has informed the stock exchange about the sad demise of Mrs. Sangita Nehalbhai Panchal, a member of the promoter group, who passed away on 27th September 2025. She held 1,00,000 equity shares in the company, which represents 0.56% of the total shareholding. The intimation was made on 4th October 2025 under Regulation 30 of SEBI LODR, 2015. This is a routine regulatory disclosure triggered by the death of a promoter group member. No change in control or shareholding transfer has been announced in this filing.
This is a procedural disclosure and is unlikely to have any material impact on the stock price. The 0.56% stake held by the deceased will eventually be transmitted to legal heirs as per succession laws, which could marginally affect promoter group shareholding in the future.