Transmission of Shares3 April 2026 at 10:49 am
Transmission of Equity Shares of Promoter in Neeraj Paper Marketing Ltd
AI Summary
Neeraj Paper Marketing Ltd has received an intimation from Mr. Shivam Goel regarding the transmission of 16,500 equity shares held by Late Mr. Pankaj Goel in his favor. The shares have been transmitted to Mr. Shivam Goel, being a legal heir and in accordance with applicable laws. This transmission of shares falls under the purview of Regulation 10(1)(g) of the SEBI Substantial Acquisition of Shares and Takeovers) Regulations, 2011, which exempts acquisitions by way of transmission, succession, or inheritance from the obligation to make an open offer.
Key Highlights
- Transmission of 16,500 equity shares of Late Mr. Pankaj Goel to Mr. Shivam Goel
- Transmission in accordance with Regulation 10(1)(g) of the SEBI Substantial Acquisition of Shares and Takeovers) Regulations, 2011
- Exemption from the obligation to make an open offer
- Transmission in accordance with applicable laws
- Nature of succession of ownership