The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Paramount Park Ltd
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Paramount Park Limited, a Mauritius-based promoter entity, has transferred its entire holding of 86,84,200 equity shares (74% stake) in Thakral Services India Limited to Netizen Properties Private Limited. The transfer was executed off-market on May 20, 2026. This is an inter-se transfer between two companies where the same person (Gurmukh Singh Thakral, Director) holds not less than 50% equity in both entities. The total share capital of Thakral Services India Limited is 1,17,35,080 shares. Paramount Park Limited belongs to the Promoter/Promoter group.
This is an intra-group restructuring where control remains with the same ultimate person, so there is no change in effective promoter control. However, the shift in shareholding from one promoter entity to another may signal upcoming consolidation or reorganisation of promoter group holdings.