Shareholding12 May 2026, 02:41 pm
Brand Concepts: Prateek Maheshwari Acquires 13.01% via Inter-Se Transfer
AI Summary
Prateek Maheshwari, a member of the promoter group of Brand Concepts Ltd, acquired 1,624,220 equity shares, constituting 13.01% of the company's total shareholding capital, from Pradeep Maheshwari (Promoter) via an off-market inter-se transfer. This transaction is exempt from open offer requirements under Regulation 10(1)(a)(i) of the SEBI SAST Regulations. The disclosure was made as per Regulation 10(6) of the SEBI SAST Regulations, following an earlier intimation under Regulation 10(5).
Key Highlights
- Prateek Maheshwari acquired 13.01% stake in Brand Concepts Ltd from Pradeep Maheshwari.
- The acquisition involved 1,624,220 equity shares through an off-market inter-se transfer.
- The transaction is exempt from open offer requirements under SEBI SAST Regulations.
- Prateek Maheshwari's shareholding increased from 11.03% to 24.04% after the transfer.
- Pradeep Maheshwari's shareholding decreased from 19.78% to 6.77% following the transfer.
Price Impact
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