Nature of the Event
Regulatory disclosure filed with BSE Limited under Regulation 7(1)(b) of the SEBI (Prohibition of Insider Trading) Regulations, 2015 (PIT Regulations). The filing pertains to a change in shareholding of a member of the Promoter Group.
Key Quantitative Figures
- Securities disposed: 20,00,000 Equity Shares
- Value of transaction: ₹7,16,560 (excludes taxes, brokerage, and other charges)
- Holding prior to transaction: 5,30,31,050 Equity Shares (7.60% of shareholding)
- Holding post transaction: 5,10,31,050 Equity Shares (7.32% of shareholding)
Dates of Action
- Date of transaction/allotment: June 08, 2026
- Date of intimation to company: June 09, 2026
- Date of filing with BSE: June 09, 2026
Parties Involved
- Regulatory Authority: BSE Limited
- Individual: Meyhul Gaala (PAN: AEIPG9525N), identified as a Member of the Promoter Group
- Company Representative: Amarr Narendra Galla, Managing Director (DIN: 07138963)
Transaction Details
- Type of securities: Equity Shares
- Mode of acquisition/disposal: Sale
- Exchange: BSE (Bombay Stock Exchange)
- Market segment: Open Market
- Transaction type: Sale
Capital Structure Impact
The transaction resulted in a reduction of the promoter group's shareholding by 20,00,000 shares, decreasing their holding from 7.60% to 7.32% of the company's equity.
Additional Information
- The disclosure was submitted in Form C as required under PIT Regulations
- The company requested BSE to disseminate the information on their website
- The document was signed by Amarr Narendra Galla, Managing Director