Prakash Shah Gifts 3.61 Lakh Parnax Lab Shares to Promoter Group

Prakash Mahasukhlal Shah has disclosed the acquisition of 3,61,872 equity shares of Parnax Lab Limited through an off-market inter-se transfer by way of gift within the Promoter/Promoter Group. This transaction falls under Regulation 10(1)(a)(ii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, which exempts such transfers from mandatory open offer requirements. The total paid-up share capital of Parnax Lab Limited is INR 11,48,56,160, comprising 1,14,85,616 equity shares of INR 10 each. Following the gift, the shareholding of the Promoter and Promoter Group remains unchanged in aggregate, as per the disclosure.