StockWatch
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Hotels & Resorts
Shareholding3 Jul 2026, 10:56 am

Promoter Ratna Devi Saraf Gifts 20.26 Lakh Robust Hotels Shares

AI Summary

Robust Hotels Ltd has received a disclosure under SEBI (SAST) Regulations, 2011, regarding the disposal of 20,26,520 equity shares by promoter Mrs. Ratna Devi Saraf through an off-market interse transfer by way of gift. This transaction is among promoter group members and falls under the exemption provided by Regulation 10(1)(a) of SEBI (SAST) Regulations. The shares were gifted to Arun Kumar Saraf & Persons Acting in Concert (PACs), including Umesh Saraf, Ratna Saraf, and Saraf Industries Limited. The disclosure was made within two working days of the disposal.

Key Highlights

  • Promoter Ratna Devi Saraf gifted 20.26 lakh shares of Robust Hotels.
  • Transaction is an off-market interse transfer by way of gift.
  • Falls under SEBI (SAST) Regulations exemption for promoter group.
  • Disclosure made within regulatory timelines.
  • Arun Kumar Saraf and PACs are the recipients.