Disclosures recieved from Mr. Sudhir Mody, one of the promoters of the Company: Form C under Reg 7(2) read with Regulation 6(2) of the SEBI (Prohibition of Insider Trading) Reg, 2015.
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Mr. Sudhir Mody, a promoter of Vivid Global Industries Ltd, has transferred his entire holding of 7,46,004 equity shares (8.17% of the company's paid-up capital) to Mr. Sumish Mody, who is also a promoter and the Managing Director of the company. The transaction was carried out as an off-market inter-se transfer on 16 March 2026 with a reported transaction value of Rs. 37,30,020 (approximately Rs. 5 per share). After this transfer, Sudhir Mody's holding in the company is NIL. The disclosure was filed under SEBI Insider Trading Regulations and the Takeover Regulations, with the total equity share capital of the company remaining unchanged at 91,28,870 shares of Rs. 10 each. Since this is an inter-se transfer within the promoter family, the overall promoter group shareholding remains unchanged.
This is a neutral event for shareholders as it is an internal reshuffle within the promoter family and does not change the total promoter stake or the company's capital structure. No impact is expected on the stock price from this transfer alone.