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, 2011 for Krupa
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Swashthik Plascon has informed the exchange about an inter-se transfer of shares within the promoter family. Promoter Mr. Parasmal Mahendra Kumar is gifting 4,65,000 shares (2.39% of share capital) to his daughter Ms. Krupa, who is also part of the promoter group. The transaction is without any consideration (a gift) and will happen anytime after 4 working days from the intimation date (18 March 2026). Post-transfer, Parasmal will hold 6,98,978 shares (3.59%) and Krupa will hold 4,65,000 shares (2.39%), while the aggregate promoter and promoter group holding remains unchanged. The transfer qualifies for an exemption under SEBI's Takeover Regulations, so no open offer is triggered.
This is a neutral event for shareholders — it is purely an internal family reshuffle (father to daughter via gift) with no change in total promoter ownership or control of the company, and no open offer obligation. There is no cash impact and no dilution for public shareholders.