Shareholding17 Jun 2026, 02:45 pm
Panacea Biotec: Promoter Group Gifted 2 Lakh Shares
AI Summary
Panacea Biotec Limited has filed a disclosure regarding an inter-se transfer of 2,00,000 equity shares by way of gift. Dr. Rajesh Jain transferred these shares to Rajesh Jain (HUF), a promoter group member. This transaction falls under Regulation 10(1)(a)(ii) of SEBI SAST Regulations, exempting it from an open offer. The transfer was at NIL price, reflecting a gift between related promoter entities. Post-transaction, Rajesh Jain (HUF) holds 0.09% of the diluted share capital, while Dr. Rajesh Jain's holding slightly decreased.
Key Highlights
- Dr. Rajesh Jain gifted 2,00,000 shares to Rajesh Jain (HUF).
- Transaction is an inter-se transfer within the promoter group.
- Exempted from open offer under SEBI SAST Regulations 10(1)(a)(ii).
- Acquisition was by way of gift at NIL price.
- Rajesh Jain (HUF) now holds 0.09% of diluted share capital.
Price Impact
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