StockWatch
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Civil Construction
Shareholding17 Jun 2026, 10:14 am

Sanjay Gupta Acquires 35.07% Stake in SG Mart via Gift

AI Summary

Sanjay Gupta has acquired 4,42,00,000 equity shares, representing 35.07% of the total shareholding, in SG Mart Limited from his brother, Mr. Sameer Gupta, through an inter-se transfer by way of gift. This transaction is exempt from open offer requirements under Regulation 10(l)(a)(i) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, as it involves immediate relatives. Following this, Sanjay Gupta is now listed as a Promoter of SG Mart Limited, with the total promoter group holding 57.90% of the company's shares.

Key Highlights

  • Sanjay Gupta acquires 35.07% stake in SG Mart via gift from brother.
  • Transaction is an inter-se promoter transfer among immediate relatives.
  • Acquisition is exempt from open offer under SAST Regulations.
  • Sanjay Gupta is now recognized as a Promoter of SG Mart.
  • Promoter group collectively holds 57.90% of SG Mart.