StockWatch
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Pharmaceuticals
Shareholding14 Aug 2026, 10:53 am

Parnax Lab Promoter Group Inter-se Share Transfer via Gift

AI Summary

Parnax Lab Ltd has filed a disclosure regarding an inter-se transfer of 3,61,872 equity shares via gift between promoter group members, Mr. Prakash Shah and Ms. Ila Shah. This transaction, occurring on July 20, 2026, is exempt under Regulation 10(1)(a)(ii) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing confirms that the overall shareholding of the Promoter and Promoter Group remains unchanged post-transfer. The report under Regulation 10(7) was submitted to SEBI on August 13, 2026, adhering to all regulatory requirements and exemptions for such intra-group transfers.

Key Highlights

  • Promoter group member Prakash Shah acquired 3,61,872 shares from Ila Shah via gift.
  • Transaction is an inter-se transfer exempt under SEBI Takeover Regulations 10(1)(a)(ii).
  • Overall promoter group shareholding remains unchanged post-transfer.
  • Disclosure filed under Regulation 10(7) on August 13, 2026.