The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Akhil Mahajan & Others
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Mr. Akhil Mahajan, part of the promoter group, received 37,53,575 equity shares (about 5.40% of the diluted share capital) of Uniroyal Industries as a Gift from his parents Mr. Arvind Mahajan and Mrs. Rashmi Mahajan on 18/02/2026. This is an intra-family (inter-se) transfer among promoter group members, with no monetary consideration involved. Because the transfer is within the promoter group under Regulation 10(1)(a)(i), Mr. Akhil Mahajan is exempt from making an open offer to other shareholders. No actual buying or selling took place in the market — the company's overall promoter group shareholding remains unchanged.
No impact on the stock price or non-promoter shareholders — this is merely a reshuffling of shares within the promoter family. There is no change in total promoter holdings, no open offer triggered, and no fresh shares issued.