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.