Prakash M Sanghvi, Jayanti M Sanghvi, Shantilal M Sanghvi, Rashmidevi P sanghvi, Shobhanadevi J Sanghvi, Shashi S Sanghvi, has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition made in reliance upon exemption provided for in regulation 10 of SEBI (SAST) Regulations, 2011.
RATNAMANI · price
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Members of the promoter group of Ratnamani Metals & Tubes Limited have carried out an inter-se transfer of 1,66,500 equity shares (0.2375% of share capital) by way of gift, from Babulal M. Sanghvi (jointly with Shantaben B. Sanghvi and Prakash M. Sanghvi) to three promoter family members. Acquirer-1 (Prakash M. Sanghvi jointly with Rashmidevi P. Sanghvi) received 75,000 shares, Acquirer-2 (Jayanti M. Sanghvi jointly with Shobhnadevi J. Sanghvi and Prakash M. Sanghvi) received 50,000 shares, and Acquirer-3 (Shantilal M. Sanghvi jointly with Shashi S. Sanghvi and Prakash M. Sanghvi) received 41,500 shares. The transfer is an off-market, no-consideration gift among immediate relatives who have been promoters for over 3 years, exempt under Regulation 10(1)(a)(i) and (ii). Prior intimation was filed on June 16, 2025, and the transaction was completed on June 25, 2025. Total consolidated promoter and promoter group holding remains unchanged at 59.7719%.
This is a purely internal reallocation of shares within the promoter family and does not change the total promoter stake, so it has no material impact on the company's shareholding pattern or minority shareholders. It is a routine disclosure and is unlikely to move the stock price.