StockWatch
·
Non Banking Financial Company (NBFC)
Shareholding7 Aug 2026, 06:21 pm

Abhinav Capital Services: Promoter Group Inter-se Share Transfer via Gift

AI Summary

Abhinav Capital Services Ltd has filed a prior intimation regarding an inter-se transfer of shares among its promoters. Mr. Kailash Hardattrai Biyani will gift 649,110 shares (9.37% holding) to his brother, Mr. Bharat Hardattrai Biyani, and 306,521 shares (4.43% holding) to his brother, Mr. Vinod Hardattrai Biyani. These transfers are conducted off-market as gifts with no consideration, falling under the exemption provided by SEBI (SAST) Regulations 2011. The aggregate holding of the promoter and promoter group remains unchanged.

Key Highlights

  • Promoter group members are transferring shares via gift.
  • No monetary consideration is involved in the share transfers.
  • The transfers are exempt under SEBI (SAST) Regulations 2011.
  • Aggregate promoter group holding remains unchanged.