Key Transaction Details
- Acquirer: Shashi Garg (Promoter & Whole Time Director)
- Source of Shares: Transmission from Late Shri Umesh Chander Garg, erstwhile Managing Director and Promoter
- Reason for Transmission: Demise of Umesh Chander Garg on January 23, 2026
- Mode of Acquisition: Transmission/Inheritance (Off-Market)
- Date of Acquisition: May 29, 2026
- Number of Shares Acquired: 1,841,999 equity shares
- Percentage of Total Share Capital: 6.17%
- Face Value per Share: ₹10
Shareholding Changes
Pre-acquisition Holding (Shashi Garg):
- Shares carrying voting rights: 1,025,319
- Percentage of total share capital: 3.44%
- Total holding (including all instruments): 3.44%
Acquisition Details:
- Shares acquired: 1,841,999
- Percentage acquired: 6.17%
Post-acquisition Holding (Shashi Garg):
- Total shares carrying voting rights: 2,867,318
- Percentage of total share capital: 9.61%
- No shares encumbered
- No warrants/convertible securities
- No voting rights otherwise than by shares
Company Capital Structure
Before and After Acquisition:
- Total equity share capital: ₹298,449,850
- Total number of equity shares: 29,844,985
- Face value per share: ₹10
- No change in total share capital due to the transmission
Promoter Group Shareholding
Updated promoter shareholding pattern as disclosed:
| Promoter Name | Shares Held | Percentage |
| Jatinder Singh | 2,876,498 | 9.64% |
| Shashi Garg | 2,867,318 | 9.61% |
| Charanjeet Kaur | 1,470,187 | 4.93% |
| Umesh Garg HUF | 1,044,855 | 3.50% |
| Ruchica Garg Kumar | 1,041,750 | 3.49% |
| Shaloo Gupta | 1,041,750 | 3.49% |
| Vaishali Viral Jhaveri | 1,041,750 | 3.49% |
| Radhika Garg | 1,041,749 | 3.49% |
| Parveen Garg | 1,008,154 | 3.38% |
| Deepan Garg | 901,174 | 3.02% |
| Atul Garg | 901,124 | 3.02% |
| Lucky Garg | 901,111 | 3.02% |
| Other promoters (11 entities) | 4,105,576 | 13.76% |
| Total Promoter Holding | 20,495,196 | 68.67% |
Financial Impact
The transmission represents a change in beneficial ownership within the promoter group without any cash consideration. The company's total share capital and voting structure remain unchanged.