StockWatch
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Specialty Chemicals
Shareholding18 Sept 2026, 06:01 pm

Firoze Adi Vakil Gifts 0.33% Dai-ichi Karkaria Stake to Relative

AI Summary

Firoze Adi Vakil, a promoter of Dai-ichi Karkaria Limited, has transferred 25,000 equity shares, representing 0.33% of the total capital, to Ms. Meher Vakil Taff, his immediate relative and the company's Vice-Chairperson, Chief Executive Officer & Managing Director. The transfer was executed as an off-market transaction by way of a gift, with nil consideration, driven by natural love and affection. This disclosure is made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 and SEBI (Prohibition of Insider Trading) Regulations, 2015. Following the transaction, Firoze Adi Vakil's direct shareholding in the company has reduced.

Key Highlights

  • Promoter Firoze Adi Vakil gifted 0.33% stake in Dai-ichi Karkaria.
  • The shares were transferred to immediate relative Meher Vakil Taff.
  • Transaction was an off-market gift with nil consideration.
  • Disclosure made under SEBI Takeover and Insider Trading regulations.
  • Vakil's direct shareholding reduced post-gift.