Transoceanic Properties Ltd — Updates, 16-05-2025: Company Update

Rajendra Suganchand Shah, a promoter of Megh Mayur Infra Limited, has announced a board meeting. He acquired an additional 21.29 lakh equity shares (33.80% stake) through an off-market inter-se transfer among promoters, increasing total promoter holding to 67.67%. The total paid-up equity share capital remains 63 lakh shares of Rs. 10 each. This consolidation of promoter shareholding strengthens promoter control and signals increased confidence in the company's direction, potentially impacting shareholder value positively.