The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jitendra Manohardas Thakker
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Awaiting price reaction for this filing.
Jitendra Manohardas Thakker acquired 75,000 shares (4.74% of diluted share capital) of Thakkers Group Ltd from his brother Narendra Manohardas Thakker as a gift on October 14, 2025. Post-transfer, Jitendra's holding rose from 9.47% to 14.21%, while Narendra's holding dropped from 4.74% to zero. The transfer qualifies as an exempt inter se transfer under Regulation 10(1)(a)(i) of SEBI's Takeover Code, so no open offer is triggered. The total promoter and promoter group shareholding remains unchanged at 888,100 shares (56.09%), indicating a mere internal reshuffle within the promoter family.
This is a neutral event for minority shareholders — ownership stays within the promoter family and the total promoter holding does not change. No open offer obligation arises, and there is no cash outflow or new shares issued. The stock price is unlikely to be materially affected.