StockWatch
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Trading & Distributors
Shareholding23 Jun 2026, 11:28 am

O. P. Chains Ltd: Promoter Group Plans 40.15% Share Transfer

AI Summary

O. P. Chains Ltd announced a proposed inter-se transfer of equity shares within the promoter group, involving a total of 27,50,100 shares, representing 40.15% of the company's total equity. The transaction is scheduled to occur on or after June 29, 2026, with Satish Kumar Goyal acting as the acquirer. The transfer is exempt from open offer requirements under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as it's an inter-se transfer among promoters and qualifying persons who have been promoters for at least three years. The acquisition price is set at Rs. 30 per share. The aggregate holding of the promoter and promoter group will remain unchanged post-transaction.

Key Highlights

  • Promoter group plans inter-se transfer of 40.15% stake.
  • Transaction involves 27,50,100 equity shares.
  • Acquisition price fixed at Rs. 30 per share.
  • Transfer exempt from open offer under SEBI SAST Regulations.
  • Transaction date set for on or after June 29, 2026.