StockWatch
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Plastic Products - Consumer
Shareholding25 Sept 2026, 04:41 pm

Prima Plastics Promoter Group Inter-Se Share Transfer

AI Summary

Prima Plastics Limited has announced an inter-se transfer of shares within its promoter group. Mr. Dilip Manharlal Parekh will acquire 29,01,921 equity shares, representing 26.38% of the total share capital, through a gift from Mr. Bhaskar Manharlal Parekh and Mrs. Chhaya Bhaskar Parekh. This transaction falls under the exemption of Regulation 10(1)(a) of SEBI (SAST) Regulations, 2011, meaning no open offer is required. The transfer is a gift, with no consideration being paid, and the aggregate holding of the promoter group remains unchanged.

Key Highlights

  • Promoter group member Dilip Manharlal Parekh to acquire 29,01,921 shares.
  • Acquisition is by way of gift, with no monetary consideration.
  • Transaction qualifies for exemption under SEBI (SAST) Regulations, 2011.
  • No open offer required as it's an inter-se transfer among promoters.
  • Overall promoter group holding remains unchanged post-transfer.