Akar Auto Industries Limited has made a disclosure to the Bombay Stock Exchange under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding the transmission of shares following the demise of promoter group member Late Smt. Sushila Devi Gupta.
Transmission Details
The shares have been transmitted to Shri Narendrakumar Gupta, who is the legal heir/successor of Late Smt. Sushila Devi Gupta. The transmission was executed in accordance with applicable laws and prescribed procedures.
Shareholding Impact
The specific transmission details are:
- Deceased Member: Late Smt. Sushila Devi Gupta (Promoter Group)
- Transferee: Mr. Narendrakumar Gupta
- Number of Shares: 36,200 equity shares
- Percentage of Paid-up Capital: 0.34%
Additional Information
The changes will be appropriately reflected in the relevant shareholding pattern of the Company along with an explanatory note regarding the transmission of shares.
The disclosure was signed by Sunil Todi, Managing Director, on October 24, 2026.