The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....
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Mr. Vipul Haridas Thakkar, a promoter of Silver Touch Technologies, proposes to acquire 1,400 equity shares (0.011% of paid-up capital) from Mr. Unmesh Haridas Thakkar, an immediate relative and member of the promoter group, via an off-market inter-se transfer on or after 27th June 2025. The acquisition price is Rs. 728 per share, which is within the 25% limit of the 60-day VWAP of Rs. 766.08. After the transaction, Mr. Vipul Thakkar's holding will rise marginally from 21.07% (26,72,146 shares) to 21.08% (26,73,546 shares), while Mr. Unmesh Thakkar's stake will become nil. The transaction qualifies under Regulation 10(1)(a)(i), which exempts inter-se promoter transfers from the open offer requirement.
This is a routine reshuffling within the promoter family with no change in total promoter group ownership or control of the company; it is unlikely to have any material impact on the stock price or minority shareholders.