ALPHA TRIBE

Ashima LimitedOthers, 30-06-2025: Disclosure under SEBI Takeover Regulations

30-06-2025 | 06:49 pm

Chintan Parikh Family Trusts No. 1, 2, and 3, members of Ashima Limited's promoter group, have acquired a combined 14.995% stake in the company through an inter-se transfer of 2.87 crore shares from Mrs. Shefali Chintan Parikh, also a promoter group member. This transfer was done without consideration, settling shares into the Trusts to consolidate promoter holdings. Post-transfer, each Trust holds 4.998% of the company’s share capital, strengthening the promoter group’s control structure and aligning shareholding within the family trusts.

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