StockWatch
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Other Financial Services
Insider Trading29 Apr 2026, 05:51 pm

SG Finserve: Promoter Group Member Gifts 1.55 Mn Equity Shares

AI Summary

SG Finserve Ltd disclosed that Sanjay Gupta, a member of the Promoter Group, acquired 1,550,000 equity shares. The acquisition occurred on April 27, 2026, through an off-market gift transaction. This disclosure was made in "Form C" as per Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015. Post-acquisition, Sanjay Gupta's holding in the company stands at 1,550,000 equity shares, representing 0.235% of the total shareholding. The transaction value is not applicable as it was a gift, but the closing market price on the transaction date was ₹547.70 per share.

Key Highlights

  • Sanjay Gupta, a Promoter Group member, acquired shares.
  • 1,550,000 equity shares were acquired via an off-market gift.
  • Transaction date was April 27, 2026.
  • Holding increased to 0.235% post-acquisition.
  • Disclosure made under SEBI Insider Trading Regulations.