Pursuant to regulations of SEBI (Prohibition of Insider Trading) Regulation, 2015, We are sending herewith disclosure under Regulation 7(2) in Form C witht regard to inter se transfer of ....
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Solitaire Machine Tools Limited has filed a regulatory disclosure regarding an inter-se transfer of 1,00,000 equity shares (2.2% of the company) on 31st December 2025. The shares were transferred by promoter Mr. Ashok Jivarajbhai Sheth to Mrs. Bharti Ashok Sheth, another promoter, via an off-market deal. As a result of this transfer, Mr. Ashok Sheth's holding reduced from 5,25,659 shares (11.57%) to 4,25,659 shares (9.37%). The transaction price has not been disclosed in the filing. The disclosure was made under Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, signed by Company Secretary Reshma Kiri.
This is a routine insider trading compliance filing involving a transfer between promoter-family members. Since the shares remain within the promoter group, the total promoter shareholding in the company does not change, and there is no material impact on stock price or minority shareholders.