Maxgrow India Limited has made a regulatory disclosure pursuant to Regulation 7(2)(b) of SEBI (Prohibition of Insider Trading) Regulations, 2015. The company received an intimation from its promoter, Metal Industrial Pte Limited, regarding an off-market transfer of equity shares.
Transaction Details
- Number of shares transferred: 11,25,513 equity shares
- Percentage of paid-up capital: 2.82%
- Transferee: Ms. Sadhana Uday Chourasia (public shareholder)
- Transaction purpose: To facilitate compliance with Minimum Public Shareholding (MPS) requirements
- Transaction date: July 28, 2026
- Transaction value: ₹10,07,33,503 (exclusive of taxes, brokerage, and other charges)
- Execution mode: Off-market transfer
- Exchange: BSE
Shareholding Impact
- Pre-transaction promoter holding: 3,70,76,072 shares (92.82% of paid-up capital)
- Post-transaction promoter holding: 3,59,50,559 shares (90.00% of paid-up capital)
- Pre-transaction public holding: 7.18%
- Post-transaction public holding: 10.00%
Additional Information
- The disclosure was submitted to Bombay Stock Exchange Limited on July 30, 2026
- No trading in derivatives of the company was reported (marked as NA in the form)
- Metal Industrial Pte Limited's address: 2 Venture Drive, #19-21, Vision Exchange, Singapore 608526