StockWatch
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Petrochemicals
Shareholding16 Oct 2026, 10:22 am

DCW Ltd: Promoter Group Inter-se Share Transfer

AI Summary

DCW Ltd has informed the stock exchanges about an inter-se transfer of shares among its promoter group, as per SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The transactions involve various transfers between Mr. Vivek Jain, Mrs. Meeta Jain, Mr. Saatvik Jain, and Mrs. Rima Saatvik Jain. Notably, Mr. Vivek Jain will acquire a total of 94,21,642 shares (3.20%) through these transfers. The aggregate holding of the Promoter and Promoter Group remains unchanged post these transactions, as they fall under the exemption provided by Regulation 10(1)(a)(i) of the Takeover Regulations.

Key Highlights

  • Inter-se transfer of shares within DCW Ltd's promoter group.
  • Transactions are in compliance with SEBI Takeover Regulations.
  • Mr. Vivek Jain is acquiring a significant portion of the transferred shares.
  • Total promoter and promoter group holding remains constant.
  • No change in beneficial ownership is indicated by the transfers.