StockWatch
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Residential- Commercial Projects
Shareholding2 Jun 2026, 04:29 pm

Emami Realty: Promoters to Transfer Shares Inter-se

AI Summary

Emami Realty Limited has filed a disclosure regarding a proposed inter-se transfer of equity shares among its promoter and promoter group entities. This transaction, scheduled for on or after June 9, 2026, is being conducted under Regulation 10(1)(a)(ii) of the SEBI SAST Regulations, 2011, which exempts such transfers from open offer requirements. The aggregate shareholding of the promoter group will remain unchanged post-transaction. The transfer will occur via off-market gifts without consideration or through open market transactions at prevailing prices. The disclosure confirms compliance with regulatory requirements, including a 3-year look-back period for disclosures.

Key Highlights

  • Proposed inter-se transfer of Emami Realty shares among promoters.
  • Transaction exempt from open offer under SEBI SAST Regulations.
  • Aggregate promoter group shareholding to remain constant.
  • Transfer to occur via gift or open market transactions.
  • Scheduled for execution on or after June 9, 2026.