Transoceanic Properties Ltd — Insider Trade, 01-01-1970: Insider Trading / SAST

Rajendra Suganchand Shah, promoter of Megh Mayur Infra Limited, has announced a board meeting on May 16, 2025, to effect an inter-se transfer of 21,29,400 equity shares from fellow promoter Mitul Jagdishchandra Shah, representing 33.80% of the total share capital, at Rs. 9.80 per share. Post-transfer, Rajendra’s holding will increase to 67.67%, consolidating his control. This internal share restructuring among promoters reflects a strategic move to simplify ownership without impacting public shareholding or triggering an open offer.