This is a regulatory disclosure filed by Saripalli Kishore, a promoter and Whole-time Director (DIN: 01665768) of Samkrg Pistons and Rings Limited, in compliance with SEBI's Substantial Acquisition of Shares and Takeovers Regulations, specifically Regulation 29(2).

The disclosure intimates a transfer of equity shares within the promoter group. Mr. Saripalli Kishore transferred 3,03,531 equity shares, representing 3.09% of the total paid-up equity share capital of the company, to his son, Mr. Saripalli Monish. The mode of transfer was an inter-se transfer between promoters, which is an off-market transaction.

Key Details of the Transaction

  • Date of Transaction: The transfer was executed on September 01, 2026.
  • Type of Security Transferred: Equity shares carrying voting rights.
  • Number of Shares Transferred: 303,531
  • Percentage of Total Capital: 3.09%
  • Transaction Value: The value of the transaction is stated as ₹303,531. This appears to be the number of shares, not a monetary value, as the note specifies "Value of transaction excludes taxes/brokerage/any other charges." Financial impact is not quantified in monetary terms.
  • Mode of Acquisition/Sale: Inter-se transfer between promoters (off-market).
  • Exchange: Not Applicable (NA) for this off-market transaction.

Shareholding Change for Saripalli Kishore

  • Holding Prior to Transfer: Mr. Kishore held 29,50,686 equity shares, which constituted 30.04% of the total paid-up equity share capital. He had no shares under encumbrance (pledge/lien).
  • Holding After Transfer: Following the disposal, his holding stands reduced to 26,47,155 equity shares, constituting 26.95% of the total paid-up equity share capital.

Capital Structure Impact

  • Total Equity Share Capital: The company's total paid-up equity share capital before and after this transaction remains unchanged at 98,20,500 shares. There is no dilution or change in the overall capital structure of the company as a result of this transfer.

The document also includes a completed FORM C as required under Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, which reiterates the same details of the change in holding.