
RRIL Ltd: Promoter group inter-se share transfer via gift
RRIL Ltd has filed a disclosure regarding the acquisition of equity shares by Mr. Kiran Ratanchand Jain from Mr. Harish Ratanchand Jain and Mrs. Rekha Harish Jain. The acquisition involves a total of 5,851,887 equity shares (4.83%) through gift, constituting an inter-se transfer among immediate relatives and falling under Regulation 10(1)(a)(i) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. This transaction is exempt from making an open offer. The transfer is proposed to occur on or after September 21, 2026, and is without consideration as it is a gift. The filing details the shareholding changes before and after the transaction, showing an increase in Mr. Kiran Ratanchand Jain's stake from 9.52% to 14.35%.
Key Highlights
- Inter-se share transfer via gift among promoter group relatives.
- Acquisition of 4.83% stake by Kiran Ratanchand Jain from Harish Ratanchand Jain and Rekha Harish Jain.
- Transaction exempt from open offer under SEBI Takeover Regulations.
- Proposed acquisition date on or after September 21, 2026.
- Kiran Ratanchand Jain's stake increases to 14.35% post-acquisition.
Price Impact
More from RRIL