
Shareholding7 Oct 2026, 06:01 pm
Hawa Engineers: Promoter acquires 1.98% stake via gift
AI Summary
Hawa Engineers Ltd announced that Mr. Aslam Kagdi, a promoter, has acquired 69,900 equity shares, representing 1.98% of the company's share capital. The shares were transferred from Jamilabibi Fazlurrehman Kagdi, also a member of the promoter group, through an inter-se transfer without consideration, by way of gift. This transaction falls under Regulation 10(1)(a)(i) of the SEBI (SAST) Regulations, 2011, exempting the acquirer from making an open offer. The disclosure was filed with BSE on September 29, 2026.
Key Highlights
- Promoter Aslam Kagdi acquired 1.98% stake in Hawa Engineers.
- Transaction was an inter-se transfer among promoters by way of gift.
- Acquisition is exempt from open offer under SEBI (SAST) Regulations.
- Disclosure filed with BSE on September 29, 2026.
Price Impact
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