Promoter Group entity, Millars Machinery Company Pvt. Ltd., executes inter-se transfer, acquiring 25,000 equity shares of GMM Pfaudler Limited.
The transaction, representing 0.06% of the total paid-up share capital, was completed on August 28, 2025, via an off-market transfer from Mrs. Pragna Patel, according to a regulatory filing.
The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011.
Details of Acquisition:
The acquisition reflects a shift in shareholding between Millars Machinery Company Private Limited and Pragna Patel.
Shareholding Before Acquisition:
| Shareholder | Number of Shares | % w.r.t. Total Share Capital | % w.r.t. Total Diluted Share Capital |
|---|---|---|---|
| Pragna Patel | 48,480 | 0.11 | 0.11 |
| Millars Machinery Company Private Limited | 43,36,357 | 9.65 | 9.65 |
| Persons acting in concert | 69,35,446 | 15.42 | 15.42 |
| Total | 1,13,20,283 | 25.18 | 25.18 |
Shareholding After Acquisition:
| Shareholder | Number of Shares | % w.r.t. Total Share Capital | % w.r.t. Total Diluted Share Capital |
|---|---|---|---|
| Pragna Patel | 23,480 | 0.05 | 0.05 |
| Millars Machinery Company Private Limited | 43,61,357 | 9.71 | 9.71 |
| Persons acting in concert | 69,35,446 | 15.42 | 15.42 |
| Total | 1,13,20,283 | 25.18 | 25.18 |
The transaction does not alter the overall Promoter and Promoter Group shareholding in GMM Pfaudler.
GMM Pfaudler's equity share capital remains at ₹8.99 Crores, comprising 4,49,57,224 equity shares with a face value of ₹2 each, both before and after the acquisition.
The disclosure was signed by Tarak Patel, Authorized Signatory, on behalf of Millars Machinery Company Private Limited.
CIN: U29240MH1971PTC015240.
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