Patel Integrated Logistics: Promoter Group Inter-se Share Transfer of 0.41%
Patel Integrated Logistics Limited reports an inter-se transfer of 2,63,000 equity shares (0.41%) among its promoter group. The transaction took place between August 24-27, 2026. This disclosure is made as per SEBI regulations.
An inter-se transfer of shares within the promoter group does not typically have a significant impact on the company's operations, financial performance, or stock price. The overall promoter holding remains unchanged.
The announcement details an inter-se transfer of shares within the promoter group, which does not inherently change the overall promoter holding or the company's fundamental business. Therefore, the sentiment is neutral.
Patel Integrated Logistics Limited has disclosed an inter-se transfer of equity shares among its promoter and promoter group. The transaction involved the transfer of 2,63,000 equity shares, representing 0.41% of the total share capital, between entities within the promoter group.
The transfer occurred between August 24, 2026, and August 27, 2026. This transaction is in compliance with Regulation 95 of the SEBI (Issue of Capital and Disclosures Requirements) Regulations, 2018.
Following the transfer, the total shareholding of the promoter and promoter group, including Mr. Asgar Patel, Mrs. Yasmin Patel, Mrs. Natasha Pillai, Patel Holdings Ltd, A.S. Patel Trust, Wall Street Securities & Investments (India) Ltd, Wall street Derivatives and Financial Services India Private Limited, Natasha Construction Projects Private Limited, Arhaan Numaire Family Beneficiaries Trust, Rezan Nikita Family Beneficiaries Trust, and Natasha Nishqa Tanisha Family Beneficiaries Trust, remains at 35.00% of the total equity share capital.
A plain-language summary of a public exchange filing by Patel Integrated Logistics Limited. Read the original for the full detail.