StockWatch
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Residential- Commercial Projects
Shareholding3 Sept 2026, 01:33 pm

Jamshri Realty Promoter Family Gift of 43.9 Lakh Shares

AI Summary

Jamshri Realty Limited has filed a revised disclosure regarding a proposed acquisition of 43,93,960 equity shares by Rajesh Damani from promoters Premratan Damani and Bimladevi Damani. The transfer is by way of a gift, with no consideration involved, and falls under the exemption provided by Regulation 10(1)(a)(i) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This transaction is a private family arrangement and does not trigger an open offer requirement. The acquisition is planned for a date after four working days from the intimation date of August 31, 2026.

Key Highlights

  • Promoter family gift of 43.9 lakh shares in Jamshri Realty.
  • Acquisition by Rajesh Damani from parents, Premratan and Bimladevi Damani.
  • Transaction is a gift, with no monetary consideration involved.
  • Exempt from open offer under SEBI SAST Regulations 10(1)(a)(i).
  • Off-market transfer between immediate relatives.