Fabino Enterprises: promoter group reclassified as public after ~11.93 lakh share transfer
Fabino Enterprises said ~11.93 lakh equity shares were transferred from five promoter-group sellers to R G Family Trust, Mr. Sameer Gupta and Mr. Sundeep Gupta after an open offer.
By ScoutQuest · · 2 min read
- Share Transfer
- ~11.93 lakh equity shares
- Agreement Date
- Share Purchase Agreement dated April 28, 2026
- Promoter Reclassification
- All erstwhile promoters move to the "Public" category
What the company told the exchange
Fabino Enterprises Ltd has shared a disclosure under Regulation 31A(10) of the SEBI (LODR) Regulations, 2015, about a change in who is treated as a promoter of the company. The change follows an open offer by R G Family Trust, Mr. Sameer Gupta and Mr. Sundeep Gupta (together called the acquirers) under the SEBI takeover regulations, and a Share Purchase Agreement dated April 28, 2026 between the acquirers and the sellers.
The share transfer
- ~11.93 lakh equity shares of the company were transferred from the sellers to the acquirers.
- The sellers were Mrs. Vandana Jain, Mrs. Shanta Jain, Mrs. Kamal Naini Jain, Mrs. Shreya Jain and Mr. Atul Jain, all of whom were part of the promoter and promoter group before this change.
Who moves where
- Mr. Aditya Mahavir Jain: from Promoter to Public.
- Mrs. Vandana Jain, Mrs. Shanta Jain, Mrs. Kamal Naini Jain, Mrs. Shreya Jain and Mr. Atul Jain: from Promoter & Promoter Group to Public.
- R G Family Trust, Mr. Sameer Gupta and Mr. Sundeep Gupta: from Public to Promoter.
What reclassification means
In simple terms, the company is telling the exchange that the people earlier counted as its promoters no longer hold that status and are now ordinary public shareholders. The people who bought the shares are now counted as the company's promoters. Promoter status matters because promoters are the group identified as being in control of the company, and their holdings and any changes in them are tracked closely.
Why investors may note it
- The ownership of the promoter block has changed hands, so the identity of the promoter group is different from before.
- The disclosure is a formal record of that change with the exchange, shared after the open offer and the share purchase agreement.
Also from Fabino Enterprises
Board approves alteration of main objects to biofuel, ethanol business; approves name change to Raavi Greenz Resources
12 Oct 2026
Three Additional Directors Appointed — Non-Executive, Executive (Promoter) and Independent
29 Sep 2026
Board appoints three Additional Directors, including one Independent Director
29 Sep 2026
More numbers
- Equity shares transferred from the sellers to the acquirers11,93,200 Equity Shares
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