ALPHA TRIBE

Parnax Lab LtdInsider Trading, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

Parnax Lab promoter Prakash Mahasukhlal Shah will acquire 3,61,872 equity shares, representing 3.15% of the company's capital, from co-promoter Ila B. Shah. This transfer occurs as an inter-se gift within the promoter group. The transaction is structured to comply with related regulations for internal promoter share transfers. Significantly, the overall shareholding percentage of the promoter and promoter group remains unchanged post-transfer, ensuring no alteration in their collective control or public shareholding. This update clarifies the internal rearrangement of promoter ownership.

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