Promoter group members report off-market inter-se transfer of 1,50,400 equity shares

Two promoter group members reported an off-market inter-se transfer of 1,50,400 equity shares valued at Rs. 28,57,6000/-.

Wed 30 Sep 2026

Shares Transferred

1,50,400 equity shares

Transfer Value

Rs. 28,57,6000/-

Pravinchandra Mehta - Holding Before

19,82,763 shares (5.11%)

Pravinchandra Mehta - Holding After

18,32,363 shares (4.72%)

Kirit Ambalal Desai - Holding After

12,77,479 shares (3.29%)

What was shared

The company submitted Form C disclosures under Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, received from two promoter group members.

The transaction

• Mode: off-market inter-se transfer between members of the Promoter Group
• Quantity: 1,50,400 equity shares
• Value: Rs. 28,57,6000/- (excludes taxes, brokerage and other charges)
• Transaction dates: 28-09-2026 to 28-09-2026 for the seller and 28-09-2026 to 29-09-2026 for the buyer, intimated to the company on 29-09-2026

Seller side

Pravinchandra Dhanjibhai Mehta, Member of Promoter Group, recorded an off-market sale. Holding before: 19,82,763 shares (5.11%). Holding after: 18,32,363 shares (4.72%).

Buyer side

Kirit Ambalal Desai, Member of Promoter Group, recorded a purchase. Holding before: 11,27,079 shares (2.90%). Holding after: 12,77,479 shares (3.29%).

What it means for investors

An inter-se transfer is a movement of shares between people already inside the promoter group. The individual holdings change, but the shares stay within the group, so aggregate promoter group ownership is not altered by this transfer. No derivatives transactions were reported by either person.

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