Management Change6 Mar 2026, 04:10 pm
Amirali Essabhai Rayani Transfers Shares of Panama Petrochem Ltd. by Gift
AI Summary
According to a disclosure made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, Amirali Essabhai Rayani has transferred equity shares of Panama Petrochem Ltd. by way of gift on March 05, 2026. The necessary disclosures have been made to effect this acquisition. This transfer results in a total of 15,36,000 shares being held by the acquirer, representing 2.54% of the total share and voting rights.
Key Highlights
- Amirali Essabhai Rayani transfers shares of Panama Petrochem Ltd. by gift
- Transfer of 15,36,000 shares representing 2.54% of total share and voting rights
- Transfer made under Regulation 10(1)(a)(i) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011
- Disclosure made to the Exchange on March 06, 2026
- No changes in the total diluted share/voting capital of the TC after the said acquisition
Price Impact
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