StockWatch
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Shareholding21 Sept 2026, 05:41 pm

Prima Innovation: Promoters transfer 4.06 lakh shares (3.70%) off-market

AI Summary

Prima Innovation Limited has received a report from Mr. Dilip Manharlal Parekh, a Promoter, regarding an off-market inter-se transfer of 4,06,530 equity shares. These shares, constituting 3.70% of the company's total shareholding, were transferred from Mrs. Madhavi Dilip Parekh, a member of the Promoter Group, to Mr. Dilip Manharlal Parekh. The transaction, dated September 7, 2026, falls under the exemption provided by Regulation 10(1)(a)(i) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company has submitted the required disclosures under Regulations 10(7), 10(5), and 10(6) of the SEBI SAST Regulations, along with the applicable fee.

Key Highlights

  • Promoter Mr. Dilip Manharlal Parekh acquired 4,06,530 shares.
  • Shares (3.70%) transferred off-market from Mrs. Madhavi Dilip Parekh.
  • Transaction is exempt under SEBI SAST Regulation 10(1)(a)(i).
  • Required reports filed under SEBI SAST Regulations.
  • Acquisition date was September 7, 2026.