The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Dhurv Gupta & Others
SGMART · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
SG Mart Ltd promoters Dhruv Gupta and Meenakshi Gupta transferred a combined 4.42 crore shares (35.08% stake) to Mr. Sameer Gupta, another immediate relative, via gift deed on May 7, 2026. Before the transfer, Dhruv Gupta held 27.22% and Meenakshi Gupta held 9.05%. Post-transfer, Sameer Gupta holds 35.08%, Dhruv Gupta's holding reduced to just 1.19%, and Meenakshi Gupta now holds 0%. The total promoter holding remains unchanged at 36.27%. This appears to be an intra-family restructuring of promoter shares rather than an arm's length transaction.
This is a family-level share reallocation, so it has minimal direct impact on market dynamics or minority shareholder value. However, the consolidation of promoter stake under Sameer Gupta may signal future plans for group-level control or reorganization.