E Factor Experiences Limited — Others, 18-02-2025: Disclosure under SEBI Takeover Regulations

Sonali Thakore and Aryamaan Thakore from the promoter group of E Factor Experiences Limited intend to acquire 10,00,000 equity shares (7.64%) from Jai Thakore, the whole-time director, through a gift. Each acquirer will receive 5,00,000 shares, increasing their holdings to 3.82% each. This inter-se transfer aims to consolidate family ownership, maintaining stability within the management structure.

Investor sentiment may view this move positively, as it demonstrates ongoing commitment from the promoter group. However, potential risks arise from the heavy reliance on a concentrated family ownership structure.