Promoter entity Alok Praful Shah (HUF) dissolved; 521 shares to move to recipient
The company received an intimation dated October 14, 2026 on the dissolution of Alok Praful Shah (HUF), a promoter entity holding 521 equity shares.
By ScoutQuest · · 1 min read
- Equity Shares Held by Promoter Entity
- 521 equity shares
- Intimation Date
- October 14, 2026
- Regulation Cited
- Regulation 31A(6)(a) of the SEBI Listing Regulations
What the company intimated
Surat Trade and Mercantile Limited has informed the exchanges that it received an intimation dated October 14, 2026 regarding the dissolution of Alok Praful Shah (HUF), which forms part of the Promoter of the Company and holds 521 equity shares of the Company.
What is proposed for the shares
- Pursuant to the dissolution, the equity shares held by Alok Praful Shah (HUF) shall be transferred to the recipient in accordance with the terms of the dissolution deed.
- Upon completion of the said transfer, Alok Praful Shah (HUF) shall cease to be classified as a Promoter of the Company.
- The recipient of the shares shall be classified as a Promoter of the Company in accordance with Regulation 31A(6)(a) of the SEBI Listing Regulations.
The number to note
- Alok Praful Shah (HUF) holds 521 equity shares of the Company.
How to read this
A promoter entity is being dissolved, and the shares it holds are to move to the recipient named in the dissolution deed. The promoter tag then shifts: the HUF steps out of the promoter group and the recipient steps in. The transfer is described as something that shall happen on dissolution, so the change in promoter classification follows the completion of that transfer.
The update sets out the shareholding involved at 521 equity shares, which lets a reader size the event against the Company's total share capital.
Also from Surat Trade and Mercantile
Board meeting on November 05, 2026 to consider unaudited results for quarter and half year ended September 30, 2026
23 Oct 2026
Statutory Auditors firm converted into LLP; audit engagement continues unchanged
13 Oct 2026
More numbers
- Equity shares held by Alok Praful Shah (HUF)521 equity shares
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