StockWatch
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Iron & Steel
Shareholding28 Oct 2026, 05:21 pm

Rajputana Stainless: Promoter Group Gift Shares (0.04%)

AI Summary

Rajputana Stainless Limited has filed a disclosure regarding an inter-se transfer of shares within the Promoter and Promoter Group. Jayesh Natvarlal Pithva will gift 30,000 shares (0.04% of total share capital) to Daksha Jatin Sidhpura via a Gift Deed. This transaction is exempt from open offer requirements under SEBI (SAST) Regulations, 2011, as it falls under family arrangements and immediate relatives. The transfer is proposed to occur on or after November 5, 2026, with no change in the overall Promoter Group's shareholding.

Key Highlights

  • Promoter Group to gift 30,000 shares (0.04%) via Gift Deed.
  • Transaction exempt from open offer under SEBI (SAST) Regulations.
  • No change in total Promoter Group shareholding expected.
  • Transfer is a private family arrangement.
  • Proposed acquisition date on or after November 5, 2026.