Shareholding7 Oct 2026, 06:00 pm
Jamshri Realty: Promoter Gifts Shares Worth ₹43.9 Cr to Relative
AI Summary
Jamshri Realty Ltd has filed a disclosure regarding the acquisition of shares by way of gift. Promoters Premratan Damani and Bimladevi Damani transferred a total of 4,393,960 shares to Rajesh Damani, an immediate relative, without any consideration. This transfer represents 62.89% of the total share capital of the company. The transaction falls under the exemption provided by Regulation 10(1)(a)(i) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure under Regulation 10(7) has been filed with the stock exchanges and SEBI, with applicable fees paid.
Key Highlights
- Promoters gifted 4,393,960 shares to an immediate relative.
- The gift represents 62.89% of the company's total share capital.
- Transaction is exempt under SEBI SAST Regulations 10(1)(a)(i).
- No consideration was involved in the share transfer.
- Disclosure filed under Regulation 10(7) of SEBI SAST Regulations.
Price Impact
More from JAMSHRI