Disclosure under Regulation 29 (2) for off market inter - se transfer of equity shares by the seller
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Promoter Mitul Jagdishchandra Shah has transferred 21,29,400 equity shares (33.80% of the paid-up share capital) of Megh Mayur Infra Limited to Rajendra Suganchand Shah, who is also a Promoter and a Person Acting in Concert (PAC). The transaction is an off-market inter-se transfer among promoters, executed on May 16, 2025. Post this transfer, Mitul Shah's holding in the company stands reduced to Nil, while the overall promoter group shareholding remains unchanged since both parties belong to the promoter group. The total equity capital of the company remains at 63,00,000 shares of Rs. 10 each.
This is an internal reshuffle within the promoter family and does not change the total promoter shareholding or any non-promoter investor's stake. There is no direct impact on retail shareholders or the stock price from this transfer, though it signals a change in ownership within the promoter group.