The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Keshav Choudhary
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Promoter Keshav Choudhary has transferred 73,92,000 equity shares of Rashi Peripherals Limited (11.22% of total share capital) to MKC Family Trust as a gift via an off-market deal dated December 18, 2025. Before the transfer, Choudhary held 11.22% directly; after the transfer, his direct holding is reduced to 0%. The MKC Family Trust, created for the benefit of the promoters, now holds the 11.22% stake. This is an inter-se transfer within the promoter group, so the aggregate promoter ownership in the company remains unchanged at the consolidated level. Total share capital stays at 6,58,99,665 equity shares of Rs. 5 each.
This is a reshuffling of holdings within the promoter family rather than an exit, so there should be no impact on overall promoter control or the stock price. Minority shareholders are not affected as voting rights stay within the promoter group.