StockWatch
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Other Textile Products
Shareholding13 Apr 2026, 02:57 pm

GTN Textiles: Promoters transfer 1.31 Mn shares via gift

AI Summary

GTN Textiles Ltd received a report under Regulation 10(7) of SEBI (SAST) Regulations 2011 from promoter Smt. Swati Patodia. The report details an off-market inter-se transfer of 1,311,771 equity shares, representing 11.27% of voting rights, by way of gift from Shri Ankur Patodia, also a promoter, to his wife, Smt. Swati Patodia, on March 25, 2026. The transaction involved no monetary consideration. The company had previously filed the necessary disclosures under Regulation 10(5) on March 24, 2026. Smt. Swati Patodia also confirmed payment of the ₹1,77,000 fee to SEBI on April 13, 2026, as required by the regulations.

Key Highlights

  • GTN Textiles promoters completed an off-market share transfer.
  • 1,311,771 equity shares (11.27%) were gifted between promoters.
  • Shri Ankur Patodia transferred shares to Smt. Swati Patodia.
  • The inter-se transfer involved no monetary consideration.
  • All regulatory disclosures and fees were duly submitted.