Jamshri Realty Limited has made a regulatory disclosure regarding a significant transfer of shares within the promoter family. The company received information from Mr. Rajesh Damani regarding his intention to acquire equity shares by way of gift through an off-market transfer from promoters to immediate relative without consideration.
Key Transaction Details
- Total Shares Transferred: 4,393,960 equity shares
- Percentage of Total Share Capital: 62.89%
- Transfer Mechanism: Off-market transfer by way of gift
- Consideration: Nil (no monetary consideration involved)
- Proposed Date: On or after 24/06/2026 (any time after 4 working days from intimation date)
Breakdown of Share Transfer
| Seller | Acquirer | Number of Shares | Percentage of Capital |
| Premratan Damani | Rajesh Damani | 1,294,600 | 18.53% |
| Bimladevi Damani | Rajesh Damani | 3,099,360 | 44.36% |
Shareholding Impact
Before Transaction:
- Rajesh Damani: 0 shares (0%)
- Premratan Damani: 1,294,600 shares (18.53%)
- Bimladevi Damani: 3,099,360 shares (44.36%)
After Transaction:
- Rajesh Damani: 4,393,960 shares (62.89%)
- Premratan Damani: 0 shares (0%)
- Bimladevi Damani: 0 shares (0%)
Rationale and Declarations
The transfer is described as "a private transfer arrangement between family members by virtue of gift out of love and affection from parents who are the Promoters."
The acquirer has declared that:
- All conditions under Regulation 10(1)(a)(i) of SEBI SAST Regulations have been complied with
- The transferor and transferee have complied/will comply with applicable disclosure requirements in Chapter V of SEBI SAST Regulations
- No consideration is involved in the transaction
Additional Documents Included
The filing also contains annual promoter declarations under Regulation 31(4) of SEBI SAST Regulations for financial years 2023-2024, 2024-2025, and 2025-2026 from both Premratan B. Damani and Bimladevi P. Damani, confirming that they along with persons acting in concert have not made any encumbrance on the shares of the Company during these financial years.