
Shareholding14 Aug 2026, 03:18 pm
Abhinav Capital Services: Promoter inter-se share transfer via gift
AI Summary
Abhinav Capital Services Ltd has filed a post-acquisition intimation regarding an inter-se transfer of shares among promoters. Mr. Kailash Hardattrai Biyani is gifting 6,49,110 equity shares (approx. 9.37%) to his brother, Mr. Bharat Hardattrai Biyani, and 3,06,521 equity shares (approx. 4.43%) to his other brother, Mr. Vinod Hardattrai Biyani. This transfer is exempt from open offer requirements under Regulation 10(1)(a)(i) of the SEBI (SAST) Regulations, 2011, as it involves immediate relatives. The disclosure confirms compliance with regulatory requirements.
Key Highlights
- Promoter Kailash Hardattrai Biyani gifts shares to brothers Bharat and Vinod Biyani.
- Total of 9,55,631 shares (approx. 13.80%) transferred via gift.
- Transfer is exempt from open offer under SEBI (SAST) Regulations.
- Post-transaction, Kailash Biyani's stake reduces to 6.42%.
Price Impact
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