StockWatch
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Plastic Products - Consumer
Shareholding7 Oct 2026, 04:27 pm

Prima Plastics: Promoter group acquires 29.02 Lakh shares via gift

AI Summary

Prima Plastics Limited has announced an inter-se transfer of shares within the promoter group. Mr. Dilip Manharlal Parekh, the acquirer and part of the promoter group, has acquired 29,01,921 equity shares (26.38% holding) through a gift from Mr. Bhaskar Manharlal Parekh and Mrs. Chhaya Bhaskar Parekh. This transaction, occurring on October 06, 2026, is exempt from open offer requirements under SEBI (SAST) Regulations, 2011, as it is an inter-se transfer among promoters without consideration. The aggregate holding of the promoter and promoter group remains unchanged.

Key Highlights

  • Mr. Dilip Parekh acquired 29,01,921 shares via gift.
  • Transaction is an inter-se transfer within the promoter group.
  • Acquisition is exempt from open offer under SEBI (SAST) Regulations.
  • No consideration was paid for the share transfer.
  • Promoter group's aggregate holding remains unchanged.