The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Manju Suresh Pansari
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Manju Suresh Pansari, a member of the promoter group of Rashi Peripherals, has disclosed a transfer of 2,40,000 equity shares (0.36% of total share capital) by way of an off-market gift to Kapal Pansari Family Trust on March 29, 2025. Before the transfer, she held 58,87,329 shares (8.93%); after the transfer, her holding stands at 56,47,329 shares (8.57%). The transferee Family Trust is expected to be part of the promoter group, so the overall promoter shareholding in the company remains unchanged. No money changed hands since this is a gift, and no encumbrance (pledge/lien) is involved.
This is a routine intra-promoter group reshuffle by way of gift and has no material impact on the company's total promoter holding or on retail shareholders. Stock price is unlikely to be affected as no shares were sold in the market.