Transaction Details
Parties Involved:
- Transferor: Mrs. Madhavi Dilip Parekh (PAN: WWAAPP9634P), Member of Promoter Group and Immediate Relative
- Transferee: Mr. Dilip Manharlal Parekh, Promoter of the Company
Transaction Specifics:
- Date of Transaction: September 4, 2026
- Type of Securities: Equity Shares
- Number of Shares Disposed: 406,530 (Four Lakh Six Thousand Five Hundred and Thirty)
- Percentage of Shareholding: 3.70% of total company shares
- Mode of Transaction: Off-market inter-se transfer
- Transaction Type: Gift
- Consideration: Nil value (as disclosed: "the value of transaction is nil since the transfer is an off market inter se transfer through Gift")
- Exchange: Bombay Stock Exchange (only listing exchange)
Shareholding Impact
Pre-Transaction Holding:
- Madhavi Dilip Parekh held 406,530 equity shares representing 3.70% of company shareholding
Post-Transaction Holding:
- Madhavi Dilip Parekh: 0 shares (0% holding)
- The disclosure indicates the shares were transferred to Dilip Manharlal Parekh, increasing his promoter holding proportionally
Documentation
- Complete Form C disclosure included with detailed transaction particulars
- Signed by Madhavi Dilip Parekh as Member of Promoter Group
- Company Secretary Hetal M. Panchal (Membership No.: A79795) certified the submission
Financial Impact
Transaction value considered nil as it was an off-market inter-se transfer through gift arrangement. No tax, brokerage, or other charges applicable as per disclosure note.