Dilip Manharlal Parekh

Shifts in promoter ownership are occurring within the Prima group of companies, specifically involving Dilip Manharlal Parekh and related parties. Recent filings indicate a series of inter-se gift transfers of shares in both Prima Innovation and Prima Plastics, resulting in increased holdings for Dilip Parekh. These transactions, executed with no financial consideration, primarily involve transfers between immediate family members and do not trigger open offer requirements. While the aggregate promoter group holdings remain largely unchanged, the reshuffling of ownership could signal evolving strategic priorities or succession planning within the closely held companies.