The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Binita Hitesh Doshi & PACs
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Awaiting price reaction for this filing.
Binita Hitesh Doshi and five other promoter family members received a total of 18,15,100 equity shares (16.86% of the company) as gifts from other promoter and promoter group entities/persons on May 14, 2025. The shares were transferred off-market as inter-se gifts among immediate relatives. Each of the six acquirers received between 2,70,025 and 3,24,975 shares (roughly 2.5% to 3.0% each). After the transfer, the aggregate promoter group holding remains unchanged at 63,32,642 shares (58.81%), confirming this is merely a reshuffle within the Doshi family with no change in overall promoter stake.
Neutral for shareholders — this is a routine internal family restructuring with no change in total promoter ownership or control. No impact on float, governance, or stock price expected.