StockWatch
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Civil Construction
Shareholding17 Jun 2026, 02:43 pm

SG Mart: Sameer Gupta gifts 4.42 Cr shares (35.07%) to Sanjay Gupta

AI Summary

SG Mart Ltd promoter, Sameer Gupta, has transferred 4,42,00,000 equity shares, representing 35.07% of the company's total voting capital, to Mr. Sanjay Gupta. This transaction, an off-market inter-se transfer by way of gift between immediate relatives, occurred on June 16, 2026. Prior to the transfer, Sameer Gupta held 35.07% of SG Mart. Following the transfer, his direct holding in the company is reduced to 0%. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Promoter Sameer Gupta transferred 4.42 Cr SG Mart shares.
  • The transfer accounts for 35.07% of the company's voting capital.
  • Shares were gifted to Mr. Sanjay Gupta, an immediate relative.
  • This was an off-market inter-se transfer on June 16, 2026.
  • Sameer Gupta's direct shareholding in SG Mart is now 0%.