Ganesh Benzoplast: Promoters Gift Shares Worth 3.97% Stake
Ganesh Benzoplast Ltd has announced an intimation regarding the proposed acquisition of equity shares by Mr. Ravi Pilani through a gift via off-market inter-se transfer from promoters Rishi Pilani and Poonam Pilani. The transaction involves 28,56,810 equity shares, representing 3.97% of the total paid-up share capital, and is exempt from open offer requirements under SEBI (SAST) Regulations. The transfer is between immediate relatives and does not alter the aggregate holding of the Promoter and Promoter Group.
Key Highlights
- Promoter group to transfer 3.97% stake via gift.
- Transaction involves 28,56,810 equity shares.
- Acquisition is an off-market inter-se transfer between relatives.
- Transaction is exempt from open offer requirements.
- Aggregate promoter holding remains unchanged.
Price Impact
More from GANESHBE
Ganesh Benzoplast Incorporates Wholly Owned Subsidiary in Singapore
Ganesh Benzoplast: No Deviation in Preferential Issue Fund Utilization
Ganesh Benzoplast Q1FY27: consolidated PAT down 3% YoY on margin squeeze, revenue +23%