Akar Auto Industries530621Promoter stake buy
Transmission of 36,200 shares (0.34% of paid-up capital) after demise of promoter group member
Akar Auto Industries: 36,200 equity shares (0.34% of paid-up capital) held by Late Smt. Sushila Devi Gupta have been transmitted to Shri Narendrakumar Gupta, her legal heir/successor.
By ScoutQuest · · 1 min read
- Shares Transmitted
- 36,200 equity shares
- % of Paid-up Capital
- 0.34%
- Shareholding Pattern Period
- quarter ended September 30, 2026
What the company informed
- Consequent to the demise of Late Smt. Sushila Devi Gupta, 36,200 equity shares held by her have been transmitted to Shri Narendrakumar Gupta, described as her legal heir/successor, in accordance with applicable laws and prescribed procedures.
- The transmitted shares represent 0.34% of the total paid-up equity share capital of the company.
Change in promoter category
- The name of Late Smt. Sushila Devi Gupta shall be excluded from the promoter/promoter group category, as applicable, under Regulation 31A(6)(c) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- The transmission of the said shares to Shri Narendrakumar Gupta is stated to be accurately reflected in the company's shareholding pattern for the quarter ended September 30, 2026.
- The company says the changes will be appropriately reflected in the relevant shareholding pattern, along with an explanatory note on the transmission.
What a transmission means
- A transmission is the passing of shares to legal heirs when a shareholder dies. It moves ownership of existing shares from the deceased holder to the heir, within the promoter group in this case.
- The number of shares in the company and its paid-up capital stay the same; only the name in which these shares are held changes.
How to read the size of the stake
- At 36,200 shares, the block being transmitted is 0.34% of the paid-up capital, a small slice of the company's equity.
- The update deals with a change in who holds the shares and in the promoter/promoter group classification, and is an update for information and records.
More numbers
- Equity shares transmitted to Shri Narendrakumar Gupta36,200
- Transmitted shares as % of total paid-up equity share capital0.34%
Source: BSE · 24 Oct 2026
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