The Exchange has received the disclosure under Regulation 10(7) in respect of acquisition under Regulation 10(1)(a)(i)of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....
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Taparia Tools Ltd has reported an inter-se transfer of 4,83,644 equity shares (3.19% of total share capital) from Ms. Umadevi Maheshwari (Promoter) to her son Mr. Rahul Maheswari (member of the Promoter Group) on December 3, 2025, executed as a gift via an off-market transaction with zero consideration. The transfer was carried out under Regulation 10(1)(a)(i), which exempts inter-se transfers among immediate relatives from the open offer requirement. Post-transaction, Rahul Maheswari's stake rose from 0.39% (60,000 shares) to 3.58% (5,43,644 shares), while Umadevi Maheshwari's holding reduced from 3.19% to nil. SEBI filing fee of Rs. 1,50,000 plus applicable GST was paid on December 22, 2025. This is essentially a family reshuffle of the promoter group stake without any change in the overall promoter group holding.
No impact on the company's total promoter group shareholding since this is an internal family transfer via gift with no cash inflow/outflow for the company. Shareholders need not worry about any open offer or change in control; it is merely a realignment of stakes between a mother and son within the promoter family.