Date: October 30, 2026
Ownership & Market Activity
Promoter Shareholding Changes
The company received disclosures under Regulation 7(2)(a) of SEBI PIT Regulations for the sale of an aggregate 4,94,59,775 equity shares representing 74.12% of the total paid-up equity share capital through off-market transfers on October 30, 2026.
Individual Promoter Sales:
- Mr. Shrikant Gopaldas Zaveri (Promoter): Sold 3,34,02,275 shares (50.06% stake) for INR 698,10,75,475
- Mrs. Bindu Shrikant Zaveri (Promoter): Sold 35,00,000 shares (5.24% stake) for INR 7,31,50,000
- Ms. Binaisha Shrikant Zaveri (Promoter): Sold 52,85,000 shares (7.92% stake) for INR 110,45,65,000
- Mrs. Raashi Shrikant Zaveri (Promoter): Sold 45,72,500 shares (6.85% stake) for INR 95,56,52,500
Promoter Group Company Sales:
- Tribhovandas Bhimji Zaveri (TBZ) Private Limited: Sold 13,50,000 shares (2.02% stake) for INR 2,82,15,00,000
- Tribhovandas Bhimji Zaveri Jewellers (Mumbai) Private Limited: Sold 13,50,000 shares (2.02% stake) for INR 2,82,15,00,000
Transaction Details
- All transactions were off-market sales executed on October 30, 2026
- Transaction values exclude taxes, brokerage, and other charges
- No derivatives trading occurred in company securities by any of the entities
- Percentage holdings have been rounded to two decimal points
Compliance & Regulatory
The disclosure was made pursuant to Regulation 7(2)(b) of SEBI (Prohibition of Insider Trading) Regulations, 2015 and was submitted to both BSE Limited and National Stock Exchange of India Limited. The compliance officer Mr. Arpit Maheshwari (Company Secretary, ACS: 42396) signed and submitted the disclosure.