
Shareholding30 Sept 2026, 11:13 am
Dinanath Soni Acquires 4.99% Stake in IZMO Ltd via Gift
AI Summary
Dinanath Soni, part of the Promoter Group of IZMO Limited, has acquired 7,48,128 equity shares, representing 4.99% of the company's paid-up capital. The acquisition was made through an off-market inter-se transfer as a gift from Mrs. Shashi Soni, an immediate relative and promoter. This transaction falls 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. Previous disclosures under Regulation 10(5) were made on September 11, 2026, and September 24, 2026. Following the transaction, Dinanath Soni's shareholding is 4.99%, while Mrs. Shashi Soni's holding has reduced to 9.77%.
Key Highlights
- Dinanath Soni acquired 4.99% stake in IZMO Ltd.
- Transaction was an off-market gift from a promoter.
- Acquisition exempt from open offer under SEBI (SAST) Regulations.
- Dinanath Soni is part of the Promoter Group.
- Shareholding shifts reflect inter-se promoter group transfer.
Price Impact
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