The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Simran G Mehra
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Simran G. Mehra, a promoter of Savita Oil Technologies Limited, acquired 83,120 equity shares (0.12% of diluted share capital) from the Simran Family Trust through an off-market inter-se transfer. The transfer was completed on 26th May 2026 and was exempt under Regulation 10(1)(a)(i) of SEBI SAST Regulations. The transaction occurred due to the dissolution of the Simran Family Trust, with Simran G. Mehra being the sole beneficiary. No consideration was paid for the transfer. Post-transaction, Simran G. Mehra's holding increased from 1,52,500 shares (0.22%) to 2,35,620 shares (0.34%).
This is a minor internal restructuring among promoters with no change in effective control. The transfer is exempt from open offer requirements and has negligible impact on the company's shareholding structure given the small quantum of 0.12%.