Transaction Details
- Transaction Type: Off-market gift transfer of equity shares
- Transferor: Mrs. Heena Hitesh Reshamwala (immediate relative/spouse of Mr. Hitesh Bharatkumar Reshamwala)
- Transferee: Mr. Viren Bharatkumar Reshamwala (relative/brother of Mr. Hitesh Bharatkumar Reshamwala)
- Number of Shares: 354 equity shares
- Transaction Date: August 25, 2026
- Percentage of Paid-up Capital: 0.001%
- Consideration: Nil (gift transfer)
- Market Price Reference: ₹2,328.50 (closing price on NSE as of August 18, 2026)
Pre-Transaction Holdings
- Heena Hitesh Reshamwala: 6,173 equity shares (approximately 0.02% of share capital)
- Viren Bharatkumar Reshamwala: 500 equity shares (approximately 0.002% of share capital)
Post-Transaction Holdings
- Heena Hitesh Reshamwala: 5,819 equity shares (approximately 0.02% of share capital)
- Viren Bharatkumar Reshamwala: 854 equity shares (approximately 0.003% of share capital)
Regulatory Compliance Process
- Pre-clearance Application Date: August 19, 2026
- Approved Trading Window: August 19-27, 2026
- Disclosure Submission: Within prescribed timeline (by August 27, 2026)
- DP Details:
- DP ID: 12033200-03909063
- Client ID: IN300513-89656143 (Heena Reshamwala)
- DP ID: 12023500-0112674 (Viren Reshamwala)
Undertakings and Declarations
Both parties submitted undertakings declaring:
- No possession of unpublished price sensitive information
- Compliance with company's insider trading policy
- Commitment to inform compliance officer if UPSI is received before transaction execution
- Indemnification clauses for any violation of regulations
Filing Details
- Filed by: Unnati Rajesh Kanani, Company Secretary and Compliance Officer (Mem. No. A35131)
- Recipients: BSE Limited and National Stock Exchange of India Limited
- Regulatory Reference: SEBI (Prohibition of Insider Trading) Regulations, 2015, Regulation 7(2) read with Regulation 6(2)
Financial Impact
The transaction involved no monetary consideration as it was a gift transfer. No financial impact on the company's operations or financial statements.
Capital Structure Impact
Minimal change in ownership structure representing 0.001% of paid-up capital transferred between related parties. No dilution or change in total outstanding shares.