StockWatch
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Residential- Commercial Projects
Shareholding29 May 2026, 04:03 pm

Murali Malayappan indirectly acquires 4.03 lakh shares in Shriram Properties

AI Summary

Murali Malayappan, a promoter of Shriram Properties Limited (SPL), indirectly acquired 4,03,402 shares of Shriram Properties Holdings Private Limited from Shriram Group Executives Welfare Trust. This inter-se transfer, approved by SEBI, increased his indirect holding in SPL. Before the acquisition, his indirect holding was 13.38% (9,13,541 shares), which now stands at 19.29% (13,16,943 shares) of SPL's total share/voting capital. The acquisition date was May 26, 2026.

Key Highlights

  • Murali Malayappan, a promoter of Shriram Properties Limited, indirectly acquired 4,03,402 shares.
  • The acquisition was an inter-se transfer from Shriram Group Executives Welfare Trust, part of the promoter group.
  • Indirect holding in Shriram Properties Limited increased from 13.38% to 19.29%.
  • The transaction was completed on May 26, 2026, following SEBI approval.