BSESam Industries LtdLowNeutral
Announced Sat, 7 Mar · 10:52 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ashokkumar Harichand Maheshwari

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AI summary

Sam Industries Ltd filed a SAST Regulation 29(2) disclosure on behalf of Ashokkumar Harichand Maheshwari, a member of the Promoter Group. He has transferred 20 equity shares of the company to another promoter as a gift through an inter-se transfer on 06/03/2026. These 20 shares represent just 0.0002% of the total paid-up equity capital of 1,10,88,470 shares (face value Rs 10 each, total capital Rs 11.08 crore). The disclosure was also made under Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The transaction is essentially a reshuffling of shares within the promoter family and does not change the total promoter group holding in the company.

Likely market impact

This is a negligible, non-market transaction — only 20 shares (0.0002% of capital) were moved as a gift within the promoter group. There is no material impact on the company's shareholding pattern, promoter group stake, or stock price. Retail investors should treat this as a routine regulatory filing with no investment significance.