Promoter group member Mrs. Nirmalaben Natvarlal Pithwa passes away, held Nil (0.00%) shares
Rajputana Stainless Ltd informed the exchanges about the sad demise of Mrs. Nirmalaben Natvarlal Pithwa, who belonged to the Promoter Group.
By ScoutQuest · · 1 min read
- Shareholding of promoter group member
- Nil (0.00%) equity shares
- Promoter group status
- She ceases to be part of the promoter / promoter group
- Regulatory basis
- Regulation 30 and 31A of SEBI (LODR) Regulations, 2015
What the update says
- Rajputana Stainless Ltd has informed the exchanges of the sad demise of Mrs. Nirmalaben Natvarlal Pithwa, who belonged to the Promoter Group of the Company.
- The Company states it was intimated about this today.
- Her holding in the Company was Nil (0.00%) equity shares.
- The update states that she would cease to be a part of the promoter / promoter group of the Company.
Why the shareholding number matters
The key figure here is the Nil (0.00%) equity shareholding. Because she held no shares, this event does not change the number of shares held by the promoter and promoter group. The promoter group identity changes, but the promoter group's share count does not change on account of her holding.
What changes and what does not
- Changes: the list of persons forming part of the promoter / promoter group.
- Does not change: the shares held by the promoter group, since her holding was nil.
What to take away
This is a disclosure of an event concerning a member of the promoter group, made under Regulation 30 and 31A of SEBI (LODR) Regulations, 2015. The update gives no other transaction, no transfer of shares and no change in shareholding arising from this intimation. Investors reading this should note it as a promoter group composition update rather than a change in the Company's shareholding structure.
Also from Rajputana Stainless
Rajputana Stainless Ltd promoter buys 0.06% stake
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Rajputana Stainless Ltd promoter buys 0.03% stake
1 Oct 2026
Rajputana Stainless Ltd promoter buys 0.03% stake, holding rises to 37.98%
1 Oct 2026
More numbers
- Equity shares held by Mrs. Nirmalaben Natvarlal PithwaNil (0.00%)
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