StockWatch
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Other Textile Products
Shareholding14 Oct 2026, 05:10 pm

Surat Trade and Mercantile: Promoter Alok Praful Shah (HUF) Dissolves

AI Summary

Surat Trade and Mercantile Limited has announced the dissolution of Alok Praful Shah (HUF), a promoter entity holding 521 equity shares. The shares will be transferred to a recipient as per the dissolution deed. Upon completion of the transfer, Alok Praful Shah (HUF) will cease to be a promoter, and the recipient will be classified as a new promoter in accordance with SEBI Listing Regulations. This information will also be available on the company's website.

Key Highlights

  • Promoter entity Alok Praful Shah (HUF) is dissolving.
  • HUF holds 521 equity shares in the company.
  • Shares will be transferred to a new promoter.
  • Company compliance with SEBI Listing Regulations confirmed.