Shareholding31 Aug 2026, 04:13 pm
Arun Kumar Saraf Disposes 20.26 Lakh Asian Hotels Shares
AI Summary
Arun Kumar Saraf and Persons Acting in Concert (PACs) have disclosed the disposal of 20,26,520 equity shares of Asian Hotels (East) Limited through an off-market inter-se transfer by way of gift. This transaction, valued at approximately ₹17.29 crore, represents 11.72% of the total diluted share capital. The disposal is an inter-se transfer among immediate relatives who are promoters, falling under an exemption provided by SEBI (SAST) Regulations. The aggregate holding of the promoter and promoter group remains unchanged.
Key Highlights
- Arun Kumar Saraf & PACs disposed of 20.26 lakh shares.
- Transaction was an off-market inter-se transfer by gift.
- Disposal represents 11.72% of total diluted share capital.
- Aggregate promoter holding remains unchanged post-transfer.
- Transaction falls under SEBI (SAST) Regulations exemption.
Price Impact
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