BSEThakkers Group LtdMediumNeutral
Announced Wed, 10 Dec · 14:34 IST

The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jitendra Manohardas Thakker

Promoter Stake BuyCreeping Acquisition Near ThresholdOwnership Changes View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

On December 9, 2025, Jitendra Manohardas Thakker (an immediate relative of the promoter group) received 1,50,000 equity shares (9.47% of paid-up capital) of Thakkers Group Ltd from his brother Rajendra Manohardas Thakker via a gift deed. The transfer qualifies as an inter se transfer among promoter family members under Regulation 10(1)(a)(i) of SEBI SAST Regulations, and is exempt from the open offer requirement. Post-transaction, Jitendra's individual stake rose from 14.21% (2,25,000 shares) to 23.68% (3,75,000 shares), while Rajendra's holding dropped from 9.47% to nil. The overall promoter group shareholding remains unchanged at 56.09% (8,88,100 shares), confirming this is purely an internal reshuffle. No monetary consideration was paid, and the prior intimation under Reg 10(5) was filed on November 20, 2025, followed by this disclosure under Reg 10(6) on December 10, 2025.

Likely market impact

No change in overall promoter control or public float, so minimal impact on the stock. However, Jitendra's increased individual holding of 23.68% now sits very close to the 25% regulatory threshold, meaning any future acquisition by him of even 5% more could trigger open offer obligations.