Prince Pipes And Fittings Limited — Important, 19-06-2025: Updates

Prince Pipes and Fittings Limited’s promoters have restructured shareholdings through inter-se transfers among five promoter group family trusts: Lotus, Sunflower, Ruby, Emerald, and Diamond. Total promoter holding remains steady at 60.94%, with no change in public shareholding or overall control. This reorganization supports succession planning within the promoter family without impacting company control or public interests. SEBI granted exemption from open offer requirements for these non-commercial transfers, valid for one year. The equity share capital remains unchanged at 11.05 crore shares of Rs. 10 each.