Nature of the Event
Regulatory disclosure filed with The Bombay Stock Exchange Limited under Regulation 7(2)(b) of SEBI (Prohibition of Insider Trading) Regulations, 2015, for continual disclosures of share transfers by insiders via gift deeds. The disclosure includes Form C submissions from three promoters.
Details of Disclosures
Bharat Hardattrai Biyani
- Role: Acquirer, Immediate Relative of Promoter
- Transaction: Acquisition of 649,110 equity shares (9.37% of the company) via gift deed from Kailash Hardattrai Biyani.
- Date of Acquisition: 14th August 2026
- Date of Intimation to Company: 7th August 2026
- Post-Transaction Holding: 649,110 shares (9.37%)
- Mode of Transfer: Inter-se transfer by way of Gift
- PAN: AACPB5692
- Address: 28, Biyani House, Yashodham Enclave, Opp Film City Road, Goregaon (E), Mumbai
Vinod Hardattrai Biyani
- Role: Acquirer, Promoter
- Transaction: Acquisition of 306,521 equity shares (4.43% of the company) via gift deed from Kailash Hardattrai Biyani.
- Date of Acquisition: 14th August 2026
- Date of Intimation to Company: 7th August 2026
- Prior Holding: 49,997 shares (0.72%)
- Post-Transaction Holding: 356,518 shares (5.15%)
- Mode of Transfer: Inter-se transfer by way of Gift
- PAN: AACPB7550Q
- Address: 28, Biyani House, Yashodham Enclave, Opp Film City Road, Goregaon (E), Mumbai
Kailash Hardattrai Biyani
- Role: Seller, Promoter
- Transaction: Disposal of 955,631 equity shares (13.80% of the company) via gift deeds: 649,110 shares to Bharat Hardattrai Biyani and 306,521 shares to Vinod Hardattrai Biyani.
- Date of Disposal: 14th August 2026
- Date of Intimation to Company: 7th August 2026
- Prior Holding: 1,400,500 shares (80.22%)
- Post-Transaction Holding: 444,868 shares
- Mode of Transfer: Inter-se transfer by way of Gift
- PAN: AABPB4 (incomplete as AABPB4...)
- Address: 28, Biyani House, Yashodham Enclave, Opp Film City Road, Goregaon (E), Mumbai
Purpose and Rationale
The transfers are inter-se transfers between members of the promoter group as specified in gift deeds, with both acquirers and seller belonging to the promoter group. No commercial consideration is involved.
Financial Impact
No financial impact quantified in the disclosure, as the transfers are by way of gift without monetary consideration.
Capital Structure Impact
Change in shareholding among promoters: Kailash Biyani's holding decreased by 13.80%, Bharat Biyani now holds 9.37%, and Vinod Biyani's holding increased to 5.15%. The total promoter group holding remains unchanged as it is an inter-se transfer.
Additional Information
- ISIN of the company: INE516F01016
- The disclosures were made to the company secretary on 14th August 2026.
- No trading in derivatives was reported by any of the individuals.