Asian Warehousing Limited has completed an inter-se transfer of equity shares among its promoters, with Mrs. Rekha Rashmi Bhimjyani acquiring 4,99,000 equity shares from Mr. Bhavik Bhimjyani through a gift transaction. The transfer was executed on March 06, 2026, as an off-market transaction between immediate relatives under the exemption provided by Regulation 10(1)(a)(i) of SEBI (SAST) Regulations, 2011.

Transaction Details

The share transfer represents a significant redistribution of holdings within the promoter group. The transaction was structured as a gift between immediate relatives, with Mrs. Rekha Rashmi Bhimjyani being the mother of Mr. Bhavik Bhimjyani.

Shareholding Changes

The transaction resulted in substantial changes to individual shareholdings while maintaining the overall promoter group stake. Mrs. Rekha Rashmi Bhimjyani's holding increased significantly, while Mr. Bhavik Bhimjyani's stake was substantially reduced.

Before and After Comparison

Other Promoter Group Holdings

The shareholdings of other promoter group entities remained unchanged:

Regulatory Compliance

The company has fulfilled all regulatory requirements associated with the inter-se transfer. The transaction falls under the exemption provided for transfers between immediate relatives, eliminating the need for an open offer.

Filing Timeline and Compliance

• Initial Notice (Regulation 10(5)): Filed on December 02, 2025
• Post-Transaction Disclosure (Regulation 10(6)): Filed on March 09, 2026
• Final Report (Regulation 10(7)): Filed on March 30, 2026
• SEBI Fees Payment: ₹1,77,005.90 paid on March 27, 2026 (UTR: YESB60865156736)

The disclosures under Regulation 29(2) were also filed with BSE Limited on March 09, 2026, by both the acquirer and seller, providing detailed information about the shareholding changes.

Company Information

Asian Warehousing Limited is listed on BSE Limited with scrip code 543927. The company's equity share capital consists of ₹3,48,72,000 divided into 34,87,200 equity shares of ₹10 each. The aggregate shareholding of the promoter and promoter group remains unchanged before and after the inter-se transfer, maintaining continuity in the company's ownership structure.

Asian Warehousing Limited has disclosed an inter-se transfer of 4,99,000 equity shares between promoters through a formal regulatory filing under SEBI SAST Regulations. The transaction involved the transfer of shares from Bhavik Bhimjyani to Rekha R Bhimjyani through an off-market gift transaction executed on March 06, 2026.

Transaction Overview

The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, with Rekha R Bhimjyani filing the necessary documentation with BSE Limited on March 09, 2026. The formal communication addressed to both BSE Limited and Asian Warehousing Limited confirmed the acquisition of shares through inter-se transfer by way of gift.

Shareholding Pattern Changes

The inter-se transfer resulted in significant changes to individual shareholding patterns within the promoter group. The transaction increased Rekha R Bhimjyani's stake substantially while reducing Bhavik Bhimjyani's holding to a minimal position.

Promoter Group Structure

The regulatory filing disclosed the complete promoter and persons acting in concert (PAC) structure. The promoter group includes Mrs. Rekha Rashmi Bhimjyani as the acquirer, Mr. Bhavik Rashmi Bhimjyani as the seller, along with Rashmi C Bhimjyani, Rashmikant Chunilal Bhimjyani HUF, Late N H Popat, and R T Agro Private Limited.

Regulatory Compliance

The company confirmed that the aggregate shareholding of the promoter and promoter group remains unchanged before and after the inter-se transfer. The transaction represents 14.31% of the company's total share capital, executed at nil consideration as it was structured as a gift between family members. The formal disclosure ensures compliance with SEBI regulations governing substantial acquisition of shares and takeovers.