StockWatch
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Stockbroking & Allied
Shareholding17 Jul 2026, 10:46 am

Shardul Securities: Promoter Group Inter-se Share Transfer of 20.94%

AI Summary

Shardul Securities Limited has disclosed a significant inter-se transfer of shares among its promoter group. Pradeep Sandeep Corporate Advisors LLP and other promoters have transferred 1,83,20,010 equity shares, representing 20.94% of the paid-up equity share capital, to Shriyam Commodities Intermediary LLP, also a member of the promoter group. This transaction is an off-market transfer and does not alter the overall promoter holding percentage but reallocates shares within the group. The total equity share capital of the company remains ₹17,49,84,330, divided into 8,74,92,165 equity shares of ₹2 each.

Key Highlights

  • Promoter group entities transferred 20.94% stake in Shardul Securities.
  • Transfer was an off-market, inter-se transaction among promoters.
  • Shriyam Commodities Intermediary LLP is the recipient of the shares.
  • No change in overall promoter holding percentage reported.
  • Transaction falls under SEBI Takeover Code regulations.