StockWatch
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Plastic Products - Consumer
Shareholding7 Oct 2026, 04:00 pm

Dilip Parekh Acquires 26.38% Stake in Prima Plastics via Gift

AI Summary

Dilip Parekh has acquired 29,01,921 equity shares, representing 26.38% of the total share capital, in Prima Plastics Limited. The acquisition occurred on October 06, 2026, through a gift from promoter group members Mr. Bhaskar Manharlal Parekh and Mrs. Chhaya Bhaskar Parekh. This inter-se transfer among promoters results in Dilip Parekh's total holding, along with Persons Acting in Concert (PACs), increasing to 58.27%. The transaction was conducted off-market and does not involve any fresh issuance of shares, thus not altering the company's total equity share capital.

Key Highlights

  • Dilip Parekh acquired 29,01,921 shares (26.38%) in Prima Plastics.
  • Acquisition was through a gift from promoter group members.
  • Total promoter holding increases to 58.27% post-acquisition.
  • Transaction is an inter-se transfer, no new shares issued.
  • Acquisition occurred on October 06, 2026, via off-market gift.