StockWatch
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Specialty Chemicals
Shareholding18 Sept 2026, 06:10 pm

Firoze Adi Vakil Gifts 0.33% Dai-Ichi Karkaria Stake to Daughter

AI Summary

Firoze Adi Vakil, a promoter of Dai-Ichi Karkaria Ltd, has transferred 25,000 equity shares, representing 0.33% of the total capital, to his daughter via an off-market gift. The transaction was made out of natural love and affection with no consideration. This reduces Vakil's direct shareholding to 0.78%. The disclosure was made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Promoter Firoze Adi Vakil gifted 0.33% stake in Dai-Ichi Karkaria.
  • 25,000 equity shares transferred to his daughter.
  • Transaction was an off-market gift with nil consideration.
  • Vakil's holding reduced to 0.78% post-transfer.
  • Disclosure filed under SEBI Takeover Regulations.