StockWatch
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Iron & Steel
Shareholding28 Oct 2026, 04:29 pm

Rajputana Stainless: Promoter Group Inter-se Share Transfer via Gift

AI Summary

Rajputana Stainless Limited has received prior intimation regarding an inter-se transfer of shares by way of gift amongst its promoter group. Jayesh Natvarlal Pithva will gift 30,000 shares (0.04% holding) each to Daksha Jatin Sidhpura, Bhavika Samir Chudasama, and Jyotsna Haresh Parmar. This transaction, proposed to occur on or after November 5, 2026, is exempt from open offer requirements under SEBI (SAST) Regulations, 2011, as it's a private family arrangement among promoters. The aggregate shareholding of the promoter and promoter group will remain unchanged.

Key Highlights

  • Inter-se transfer of shares by way of gift among promoters.
  • Total 90,000 shares (0.12% aggregate) to be transferred.
  • Transaction exempt from open offer under SEBI (SAST) Regulations.
  • No change in total promoter group shareholding.
  • Proposed transaction date on or after November 5, 2026.