Shareholding28 Aug 2026, 05:21 pm
Ravi Pilani Acquires 3.97% Stake in Ganesh Benzoplast via Gift
AI Summary
Ravi Pilani has acquired 28,56,810 equity shares, representing 3.97% of the total diluted share capital, in Ganesh Benzoplast Limited. The acquisition occurred on August 26, 2026, through an off-market inter-se transfer by way of gift from promoters Rishi Pilani and Poonam Pilani, without any consideration. This transaction is in continuation of a previous disclosure made on August 19, 2026, and is made under Regulation 10(1)(a)(i) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, exempting the acquirer from making an open offer. The disclosure was made within the stipulated timeline.
Key Highlights
- Ravi Pilani acquired 3.97% stake in Ganesh Benzoplast.
- Acquisition was an off-market gift transfer from promoters.
- No consideration was paid for the shares.
- Transaction falls under SEBI SAST Regulation 10(1)(a)(i) exemption.
- Disclosure made within regulatory timelines.
Price Impact
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