StockWatch
·
Residential- Commercial Projects
Shareholding24 Jun 2026, 07:00 pm

Jamshri Realty: Promoter transfers 43.9 Lakh shares via gift

AI Summary

Jamshri Realty Ltd has announced a significant share transfer from its promoters, Premratan Damani and Bimladevi Damani, to their son, Rajesh Damani. The transfer involves 43,93,960 equity shares, representing 18.53% and 44.36% respectively, and is being conducted as a gift without any consideration. This transaction falls under the exemption provided by Regulation 10(1)(a)(i) of the SEBI SAST Regulations, as it is a transfer between immediate relatives. The acquisition is planned to occur off-market, with the proposed date on or after June 24, 2026.

Key Highlights

  • Promoters gifting 43.9 Lakh shares to immediate relative Rajesh Damani.
  • Transfer is without consideration, classified as a gift.
  • Transaction exempt from open offer under SEBI SAST Regulations.
  • Off-market transfer, proposed acquisition date post June 24, 2026.