Please find the attachment under Regulation 30 read with Para A of Schedule III of the Regulation.
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Awaiting price reaction for this filing.
The board of Megh Mayur Infra Limited (formerly known as Poddar Infrastructure Limited and earlier Transoceanic Properties Limited) approved a Share Purchase Agreement on May 16, 2025. Under this deal, promoter Mitul Jagdish Shah will transfer 21,29,400 equity shares, representing 33.80% of the company, to fellow promoter Rajendra Suganchand Shah. This is an inter-se transfer between two existing promoters, so the overall promoter shareholding in the company stays the same — only the division within the promoter group changes. The board meeting lasted from 4:00 PM to 4:45 PM. The disclosure was filed under Regulation 30 of SEBI's Listing Regulations.
Minority shareholders are not directly affected since the transfer is purely between promoters and does not change the company's public shareholding or operations. The reshuffle may consolidate more control with Managing Director Rajendra Suganchand Shah, but it is unlikely to cause any major movement in the stock price.