Creative Castings promoter group gifts 22,889 shares off-market
Creative Castings Limited disclosed an off-market inter-se transfer of 22,889 equity shares by way of gift among its promoter group members. Purvi S Thanki disposed of the shares, which were acquired by Jignesh S Thanki and Pinak S Thanki. The transaction, valued at Rs. 543.95 per share, was intimated to the company on June 30, 2026.

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creative castings disclosed an off-market inter-se transfer of equity shares by way of gift among members of its promoter group. The transfer involved 22,889 shares gifted by Purvi S Thanki to Jignesh S Thanki and Pinak S Thanki. The company informed BSE Limited regarding the transaction in a filing submitted on June 30, 2026.
Purvi S Thanki, a member of the promoter group, disposed of 22,889 equity shares, reducing her holding to 11 shares. Jignesh S Thanki, a Promoter & Director, acquired 11,444 shares, increasing his total holding to 42,994 shares. Pinak S Thanki, also a member of the promoter group, acquired 11,445 shares, raising his total holding to 37,295 shares.
The transaction was executed off-market on June 29, 2026. For the purpose of disclosure, a market price of Rs. 543.95 per equity share was considered to arrive at the transaction value. The value of the transaction excludes taxes, brokerage, or any other charges.
Shareholding Details
The following table outlines the changes in shareholding for the individuals involved in the transfer:
| Name | Category | Prior Holding | Shares Transferred | Post-Transfer Holding |
|---|---|---|---|---|
| Purvi S Thanki | Member of Promoter Group | 22,900 (1.76%) | 22,889 | 11 (0.00%) |
| Jignesh S Thanki | Promoter & Director | 31,550 (2.43%) | 11,444 | 42,994 (3.31%) |
| Pinak S Thanki | Member of Promoter Group | 25,850 (1.99%) | 11,445 | 37,295 (2.87%) |
The disclosures were made in Form C under Regulation 7(2)(a) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The company confirmed that there was no trading in derivatives by the promoter group members during this period.
Historical Stock Returns for Creative Castings
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.69% | 0.0% | +1.14% | +1.14% | -20.02% | -10.93% |
How might this redistribution of promoter shares influence the company's future governance and strategic decision-making?
Does this transfer indicate a potential succession plan or shift in leadership roles within the promoter group?
Could the increased holdings by Jignesh S Thanki and Pinak S Thanki signal confidence in the company's future performance?































