Shareholding12 Sept 2026, 11:01 am
IZMO Ltd: Promoter Group Share Transfer via Gift
AI Summary
IZMO Limited has filed a disclosure regarding a proposed acquisition of 7,48,128 equity shares (4.99% of total capital) by Mr. Dinanath Soni from Mrs. Shashi Soni. This transaction is an inter-se transfer within the Promoter-Promoter Group, specifically among immediate relatives, and is being conducted as a gift, meaning no consideration is involved. The acquisition is planned to occur on or before September 23, 2026, and is exempt from the open offer requirement under SEBI (SAST) Regulations, 2011, as it falls under Regulation 10(1)(a)(i).
Key Highlights
- Promoter group inter-se transfer of 4.99% shares via gift.
- No consideration involved in the share transfer.
- Acquisition by Mr. Dinanath Soni from Mrs. Shashi Soni.
- Transaction exempt from open offer under SEBI (SAST) Regulations.
- Transfer to be completed by September 23, 2026.
Price Impact
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