Announced Thu, 11 Dec · 13:07 IST

As per attachment.

Promoter Stake BuyPromoter Below 50pctOwnership Changes View source PDF

Price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mrs. Arpita Amin, a promoter of Rolcon Engineering Company Ltd, has informed the company of her intention to acquire up to 700 equity shares from her son Mr. Harshul Amin as a gift, without any consideration. The transfer will be an off-market deal moving shares from the public category to the promoter category, expected to be completed in about 15 days subject to insider trading pre-clearance. Her individual stake will rise marginally from 0.32% (2,432 shares) to 0.41% (3,132 shares). The total promoter and promoter group holding will move from 43.28% (3,27,198 shares) to 43.37% (3,27,898 shares).

Likely market impact

This is a small intra-family gift transfer with negligible impact on the overall shareholding pattern or stock price. Promoter group continues to remain below the 50% threshold, indicating no change in control.