StockWatch
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Construction Vehicles
Shareholding6 Oct 2026, 12:26 pm

Sanghvi Movers: Promoter Group Inter-se Share Transfer

AI Summary

Sanghvi Movers Ltd has filed a report under Regulation 10(7) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This filing pertains to an off-market, inter-se transfer of equity shares by way of gift among members of the Promoter and Promoter Group. Specifically, Rishi Chandrakant Sanghvi transferred 1,05,53,614 shares to Maithili Rishi Sanghvi, representing 12.19% of the total holding. This transaction is considered an inter-se transfer within the promoter group and falls under an exemption provided by the SEBI SAST Regulations, meaning the aggregate holding of the Promoter and Promoter Group remains unchanged.

Key Highlights

  • Report filed under SEBI SAST Regulations 10(7).
  • Inter-se transfer of shares by way of gift within promoter group.
  • 1,05,53,614 shares transferred from Rishi Chandrakant Sanghvi to Maithili Rishi Sanghvi.
  • Transaction falls under exemption, aggregate promoter holding unchanged.
  • No consideration involved in the share transfer.