SHRINGARMSNSEShringar House of Mangalsutra LimitedMediumNegative
Announced Wed, 25 Feb · 18:07 IST

Intimation about demise of Shri. Natwarlal Thadeshwar, relative (Father) of Promoter, Mr. Chetan Thadeshwar and person belonging to the Promoter Group under Regulation 30 and 31A(6)(c) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 30 and 31A(6)(c) of SEBI LODR Regulations 2015

Ownership Changes View source PDF

SHRINGARMS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Shringar House of Mangalsutra has informed stock exchanges about the passing away of Shri Natwarlal Thadeshwar, aged 86, on 24th February 2026. He was the father of promoter Mr. Chetan Thadeshwar and a member of the promoter group. Importantly, the deceased held nil (zero) equity shares in the company, so there is no change in actual shareholding. In line with SEBI LODR Regulation 31A(6)(c), he will cease to be part of the promoter group, and the company has provided an updated list of 36 promoter and promoter group members. The filing is a regulatory formality disclosing a personal event within the promoter family.

Likely market impact

Since the deceased held no shares, there is no impact on the company's shareholding pattern, promoter holding percentage, or stock price. This is a procedural disclosure with no material financial implication for shareholders.