Pragna Satish Patel has disclosed the transfer of 25,000 equity shares, constituting 0.06% of the total paid-up share capital, of GMM Pfaudler Limited. The transfer was made to Millars Machinery Company Private Limited, part of the Promoter Group of GMM Pfaudler Limited, through an off-market transaction on August 28, 2025.
The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011.
Details of the Transaction:
| Particulars | Number of Shares | % w.r.t. Total Share/Voting Capital | % w.r.t. Total Diluted Share/Voting Capital |
|---|---|---|---|
| Before the transaction, holding of: | |||
| Pragna Patel | 48,480 | 0.11 | 0.11 |
| Millars Machinery Company Private Limited | 43,36,357 | 9.65 | 9.65 |
| Person acting in concert | 69,35,446 | 15.42 | 15.42 |
| Total (a+b+c+d) | 1,13,20,283 | 25.18 | 25.18 |
| Details of sale: | |||
| Pragna Patel | -25,000 | -0.06 | -0.06 |
| Millars Machinery Company Private Limited | 25,000 | 0.06 | 0.06 |
| After the sale, holding of: | |||
| Pragna Patel | 23,480 | 0.05 | 0.05 |
| Millars Machinery Company Private Limited | 43,61,357 | 9.71 | 9.71 |
| Person acting in concert | 69,35,446 | 15.42 | 15.42 |
| Total (a+b+c+d) | 1,13,20,283 | 25.18 | 25.18 |
The transaction was executed via an off-market transfer amongst the Promoter Group on August 28, 2025.
There is no change in the overall Promoter and Promoter Group shareholding of the Company.
The equity share capital/ total voting capital of the TC before and after the said acquisition/sale is ₹8.99 Crores divided into 4,49,57,224 equity shares of ₹2 each.
Total share capital/voting capital is taken as per the latest filing done by the company to the Stock Exchange under Regulation 31 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC.
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