Disclosure under Regulation 7(2) read with Regulation 6(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015 (the "SEBI PIT Regulations")
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Ramgopal Polytex has informed the stock exchanges about an internal reshuffling of promoter group shares. Mr. Sanjay M. Jatia, along with other partners and on behalf of M/s. Kalpana Trading Corporation (a partnership firm), has transferred 5,00,000 equity shares to M/s. Kalpana Trading Corporation, another partnership firm that is part of the promoter group. The disclosure was filed under SEBI's insider trading regulations (Reg 7(2) read with Reg 6(2)). This is purely an 'inter se' transfer, meaning the shares have moved between entities within the same promoter group, with no change in ultimate promoter ownership.
There is no impact on overall promoter shareholding or control of the company, as the shares remain within the promoter group. Retail investors are unlikely to see any meaningful effect on the stock price from this internal restructuring.