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Rashi Peripherals: Suresh Pansari Sells 2.4% Stake in Inter-se Transfer

Rashi Peripherals: Suresh Pansari Sells 2.4% Stake in Inter-se Transfer

September 12, 2025 / 17:17 IST
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Rashi Peripherals announced an inter-se transfer of shares on September 10, 2025, involving promoter Suresh Mahavirprasad Pansari. As part of this transfer, Suresh Mahavirprasad Pansari sold 15,81,592 shares, representing 2.40% of the company's total share capital.

Before this disposal, Suresh Mahavirprasad Pansari held 53,15,540 shares, which accounted for 8.07% of the total share capital. Following the transfer, his holding decreased to 37,33,948 shares, representing 5.67% of the total share capital.

The shares were transferred to Chaman Pansari Family Trust. The trust's holding increased by 15,81,592 shares to 18,21,592 shares, representing 2.76% of the total share capital.

The equity share capital of Rashi Peripherals before and after the transfer remains at ₹32,94,98,325, divided into 6,58,99,665 equity shares of ₹5 each. The total diluted share/voting capital of the company after the sale is also ₹32,94,98,325 divided into 6,58,99,665 equity shares of ₹5 each.

This transaction was carried out under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, indicating an inter-se transfer by way of gift.

Suresh Mahavirprasad Pansari continues to be a promoter of Rashi Peripherals Limited.

The announcement was made on September 11, 2025, with details filed with the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE).

Following the transfer, Suresh Mahavirprasad Pansari holds 37,33,948 shares, representing 5.67% of the total share capital.

Alpha Desk
first published: Sep 12, 2025 05:17 pm

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