Key Transaction Details
- Acquirer/Seller: Premratan Bhairuratan Damani (Promoter cum Managing Director)
- Transaction Type: Sale/Disposal of securities
- Securities Involved: Equity Shares
- Number of Shares Transferred: 1,294,600 equity shares
- Percentage of Holding Transferred: 18.53% of total share/voting capital
- Mode of Transfer: Off-market inter-se transfer
- Counterparty: Immediate relative (Rajesh Premratan Damani)
- Consideration: Transfer by way of gift without any consideration
- Date of Transaction: 18.09.2026
- Exchange: BSE (Bombay Stock Exchange Limited)
Holding Details (Pre-Transaction)
- Shares carrying voting rights: 1,294,600 shares
- Percentage of total share/voting capital: 18.53%
- Shares encumbered: NIL
- Voting rights otherwise than by shares: NIL
- Warrants/convertible securities: NIL
- Total holding (a+b+c+d): 1,294,600 shares (18.53%)
Holding Details (Post-Transaction)
- Shares carrying voting rights: NIL
- Percentage of total share/voting capital: NIL
- Total holding: NIL
Company Capital Structure
- Equity share capital before transaction: Rs. 6,98,65,000 (6,986,500 Equity Shares of Rs. 10/- each)
- Equity share capital after transaction: Rs. 6,98,65,000 (6,986,500 Equity Shares of Rs. 10/- each)
- Total diluted share/voting capital: Rs. 6,98,65,000 (6,986,500 Equity Shares of Rs. 10/- each)
Additional Information
- ISIN of the Company: INE462D01034
- Designation of Declarant: Managing Director/Promoter
- Place of Declaration: Solapur
- Contact Information: 9833393642
- Address: 24, Moti Mahal, 195, J. Tata Road, Churchgate, Mumbai-400020
Financial Impact
The transaction represents a complete disposal of the promoter's 18.53% stake in the company through a gift transfer without monetary consideration, resulting in a significant change in promoter group ownership structure.