Pursuant to Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulation, 2015, please find enclosed herewith the disclosure in Form ''C'' as received from Mrs. Paravatha Samantha ....
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Mrs. Parvatha Samantha Reddy, a promoter of Ravileela Granites Ltd, has filed a Form-C disclosure under SEBI's Insider Trading Regulations for acquiring 124,064 equity shares of the company on 13 March 2025. The shares were received by way of a gift (off-market transaction), not purchased from the market. As a result, her promoter holding rose from 2.60% (275,000 shares) to 3.77% (399,064 shares), an increase of about 1.17 percentage points. The disclosure was submitted to BSE on 17 April 2025, about a month after the transaction.
This is a non-cash, off-market acquisition by a promoter through a gift, which means no fresh buying pressure on the stock and no dilution of cash for the promoter. While it shows promoter confidence through an increased stake, the small size and gift nature suggest it is a family/related-party transfer rather than a strategic signal to the market.