Acquisitions23 Feb 2026, 12:49 pm
Mahasagar Travels Ltd: Promoter Bhagchand G. Sukhwani to Acquire 1.00% Shares from Shina Rajubhai Sukhvani
AI Summary
Mahasagar Travels Ltd has received disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Promoter Bhagchand G. Sukhwani is proposing to acquire 78,500 (1.00%) Shares of the company from Mrs. Shina Rajubhai Sukhvani (PACs) as an inter se transfer of shares amongst promoter and member of promoter group of the company. The price of the shares is Rs. 6.70 each and the proposed acquisition does not require an open offer as per Regulation 10(1) (a)(ii) of SEBI (SAST) Regulations, 2011.
Key Highlights
- Bhagchand G. Sukhwani to acquire 1.00% shares of Mahasagar Travels Ltd from Shina Rajubhai Sukhvani.
- The proposed acquisition is an inter se transfer of shares amongst promoter and member of promoter group.
- The price of the shares is Rs. 6.70 each.
- The acquisition does not require an open offer as per Regulation 10(1) (a)(ii) of SEBI (SAST) Regulations, 2011.
- The aggregate shareholding of Promoter and Promoter group remains the same before and after the transfer.
Price Impact
More from MHSGRMS