Seksaria Finance: Inter-se transfer of shares among promoter group
Seksaria Finance Ltd. has received intimation regarding an inter-se transfer of shares among its promoter and promoter group. Kailashchandra Kesardeo Seksaria and Yashasvi Seksaria will acquire 3500 shares, representing 0.03% of the total share capital, from Kailashchandra & Sons (HUF). This transaction is exempt under Regulation 10(1)(a)(i) and (ii) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as it occurs between immediate relatives and qualifying persons within the promoter group. The aggregate shareholding of the promoter and promoter group will remain unchanged post-transfer. The rationale for this transfer is the dissolution of the Hindu Undivided Family (HUF). The acquisition is proposed to occur on or after September 25, 2026, at a price not exceeding the limits specified by SEBI SAST Regulations.
Key Highlights
- Inter-se share transfer reported within Seksaria Finance promoter group.
- Kailashchandra Kesardeo Seksaria & Yashasvi Seksaria to acquire 3500 shares.
- Transfer is exempt under SEBI SAST Regulations, 2011.
- Aggregate promoter group shareholding remains unchanged.
- The transfer is due to the dissolution of a Hindu Undivided Family.
Price Impact