Promoter Pradeep Maheshwari disposed of 1,624,220 equity shares (13.01% stake) via off-market inter-se transfer to Prateek Maheshwari on May 8, 2026.
The transaction was executed as a gift with nil consideration under SEBI Insider Trading Regulations proviso (i) to Regulation 4(1).
Post-transaction holding decreased from 2,468,853 shares (19.78%) to 844,633 shares (6.77%), representing a significant reduction in promoter stake.
Company filed mandatory disclosures under Regulations 4(1) and 7(2) of SEBI Insider Trading Regulations with stock exchanges on May 12, 2026.