Advance Metering Technology Limited has made a regulatory disclosure regarding the transmission of equity shares previously held by Late Mr. Pranav Kumar Ranade, the Company's Chairman, Executive Director, and Promoter, who passed away on 13th April 2026.
The transmission was completed on 18th June 2026 through operation of law (not by market purchase or transfer) following submission and verification of requisite documents by the legal heir. A total of 854,635 equity shares, representing 5.32% of the company's paid-up equity share capital, were transmitted to Mrs. Ameeta Ranade, wife of the deceased and an existing Promoter of the Company.
Shareholding Impact
- Pre-transmission holding of Mrs. Ameeta Ranade: 1,091,757 shares (6.80% of total voting capital)
- Shares acquired through transmission: 854,635 shares (5.32% of total voting capital)
- Post-transmission holding of Mrs. Ameeta Ranade: 1,946,392 shares (12.12% of total voting capital)
The disclosure emphasizes that this transmission does not constitute a transfer of shares and results in no change to the overall shareholding of the Promoter and Promoter Group of the Company. Only the individual shareholding within the Promoter Group has been revised.