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

Megh Mayur Infra Limited has announced an off-market inter-se transfer of 21,29,400 equity shares, representing 33.80% of the total paid-up share capital, among promoters. Mitul Jagdish Shah, the transferor, sold his entire stake to promoter Rajendra Suganchand Shah. Post-transaction, Mitul Jagdish Shah holds no shares in the company. This intra-promoter share transfer reshuffles significant ownership but does not affect overall promoter control, which is relevant for shareholders monitoring promoter movements.