Simran G. Mehra 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
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Simran G. Mehra, a promoter of Savita Oil Technologies Limited, has acquired 83,120 equity shares (0.12% of diluted share capital) from the Simran Family Trust. The transfer was executed pursuant to the dissolution of the trust, with Simran G. Mehra being the sole beneficiary. No consideration was payable for this transfer. Post-transaction, Simran G. Mehra's holding increased from 1,52,500 shares (0.22%) to 2,35,620 shares (0.34%). The disclosure was made under Regulation 10(1)(a)(ii) of SEBI SAST Regulations, which exempts inter-se transfers among promoters from making an open offer. Prior intimation under Regulation 10(5) was filed on 16th May 2026 within the specified timeline.
This is a routine promoter-level restructuring of shareholding through trust dissolution. The increase in Simran G. Mehra's stake by 0.12% is minor and unlikely to have any material impact on the stock price or shareholder dynamics.