StockWatch
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Insider Trading8 Sept 2026, 04:10 pm

Prima Innovation: Promoter Acquires 3.70% Stake via Off-Market Gift

AI Summary

Prima Innovation Ltd announced that Mr. Dilip Manharlal Parekh, a promoter and acquirer, has acquired 4,06,530 equity shares, representing 3.70% of the company's shareholding. This acquisition was conducted through an off-market transaction, specifically a gift, from Mrs. Madhavi Dilip Parekh, a member of the promoter group. The transaction was executed on April 4, 2026, and is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. Following the transaction, Mr. Parekh's shareholding increased from 28.03% to 31.73%.

Key Highlights

  • Promoter Dilip Manharlal Parekh acquired 4,06,530 shares.
  • Acquisition represents 3.70% of Prima Innovation's total shareholding.
  • Transaction was an off-market gift from a promoter group member.
  • Dilip Parekh's stake increased to 31.73% post-acquisition.
  • Transaction complies with SEBI Insider Trading Regulations.