StockWatch
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Edible Oil
Acquisitions23 Feb 2026, 04:14 pm

Promoter Sunil Deepchand Parakh Acquires 5.63% Shares in Poona Dal & Oil Industries Ltd via Off-market Route

AI Summary

Poona Dal & Oil Industries Ltd has received a disclosure under Regulation 10(7) regarding the acquisition of 321110 equity shares by Mr. Sunil Deepchand Parakh, a Promoter of the company. The acquisition was done via inter-se transfer through an off-market route and vesting of shares on 18th February 2026. This transaction is exempted under Regulation 10(1)(a)(ii) of the SEBI (SAST) Regulations, 2011. The respective intimation and report under Regulation 10(5), 10(6), 29(1), and 29(2) of SEBI Takeover Regulations have been filed with BSE Limited on 4th February 2026 and 18th February 2026. The applicable fees of Rs. 1,77,000/- have been remitted through Internet Banking.

Key Highlights

  • Mr. Sunil Deepchand Parakh, a Promoter of Poona Dal & Oil Industries Ltd, acquired 5.63% equity shares via inter-se transfer through an off-market route.
  • The acquisition was exempted under Regulation 10(1)(a)(ii) of the SEBI (SAST) Regulations, 2011.
  • The respective intimation and report under Regulation 10(5), 10(6), 29(1), and 29(2) of SEBI Takeover Regulations have been filed with BSE Limited.
  • The applicable fees of Rs. 1,77,000/- have been remitted through Internet Banking.
  • The acquisition did not affect the aggregate shareholding of Promoter & Promoter Group before and after the afore-said inter-se transfer.