Parnax Lab Promoter Prakash Shah Acquires 3.15% via Gift

Prakash Mahasukhlal Shah, a promoter of Parnax Lab Limited, has disclosed his intention to acquire 3,61,872 equity shares, representing 3.15% of the total share capital, from Ila B. Shah, another promoter. The acquisition will be conducted through an inter-se transfer by way of gift, falling under an exemption from open offer requirements as per SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Post-transaction, the shareholding of the Promoter and Promoter Group will remain unchanged in aggregate, though individual holdings will shift. The transaction is expected to occur any time after 4 working days from the date of intimation.