Pursuant to the SEBI (Prohibition of InsiderTrading) Regulations, 2015 we are sending herewith disclosure under regulation 7(2) in Form C with regard to acquisition of 100,000 (2.2%) Equity ....
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Mrs. Bharati Ashok Sheth, a promoter of Solitaire Machine Tools Ltd, acquired 100,000 equity shares (2.20% of total equity) from Mr. Ashok Jivarajbhai Sheth, also a promoter, through an off-market inter-se transfer on 31st December 2025. As a result, Bharati Ashok Sheth's shareholding in the company increased from 13.29% to 15.49%. The transaction is between two promoters of the same company, reported under SEBI's insider trading disclosure rules (Regulation 7(2)).
This is a reshuffling of promoter family holdings rather than a change in overall promoter control, so there is limited impact on minority shareholders. The total promoter stake in the company remains unchanged.