StockWatch
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Ceramics
Shareholding4 Mar 2026, 12:28 pm

Murudeshwar Ceramics Ltd: Transmission of Shares from Late Shri Rama Nagappa Shetty to Promoter Shri Naveen Rama Shetty

AI Summary

The Exchange has received a disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Shri Naveen Rama Shetty, a promoter of Murudeshwar Ceramics Ltd. The disclosure pertains to the transmission of 26808 equity shares of the company from the demat account of his deceased father late Shri Rama Nagappa Shetty to his own demat account. This transmission does not require an open offer as per the relevant regulations.

Key Highlights

  • Transmission of 26808 equity shares from the demat account of late Shri Rama Nagappa Shetty to Shri Naveen Rama Shetty.
  • This transmission is exempted from making an open offer as per the relevant regulations.
  • Shri Naveen Rama Shetty is a promoter of Murudeshwar Ceramics Ltd.
  • Late Shri Rama Nagappa Shetty was a promoter of Murudeshwar Ceramics Ltd.
  • The transaction involves Murudeshwar Ceramics Ltd shares listed on BSE Ltd. and National Stock Exchange of India Ltd.