Prudent Corporate Advisory Services Limited — Updates, 12-03-2025: Press Release

Mr. Sanjay Shah, Chairman and Managing Director of Prudent Corporate Advisory Services Limited, has gifted 175,000 equity shares valued at approximately INR 34 Cr from his personal holdings to about 650 individuals, including employees and personal staff. This gesture marks his 25th anniversary in business and is intended as a heartfelt appreciation with no obligations attached. Mr. Shah emphasized the importance of loyalty and companionship from his team, acknowledging their contributions to the company's success. The company has received the necessary regulatory approvals for this transfer, facilitated by Katalyst Advisors. This initiative could set a precedent for how promoters recognize and share wealth with their teams, reflecting a strong commitment to fostering an inclusive corporate culture.