Fluidomat promoter gifts 4% stake to family members
Fluidomat Limited promoter Ashok Jain gifted 1,97,080 shares (4% stake) to three relatives—Smt. Sunaina Jain, Smt. Monica Jain, and Smt. Radhica Sharma—on June 12, 2026. The transfer, executed via gift deed, was disclosed under SEBI (SAST) Regulations. The recipients are now classified as Promoter Group.

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Promoter Ashok Jain has transferred 1,97,080 equity shares of Fluidomat Limited , representing 4% of the company's total equity, to three relatives through a gift deed. The transfer was executed on June 12, 2026, and disclosed to the stock exchange on June 15, 2026. The shares carry a face value of Rs. 10 each.
The distribution of shares was made to Smt. Sunaina Jain (daughter-in-law), Smt. Monica Jain (daughter), and Smt. Radhica Sharma (daughter). Following the transfer, the recipients have been categorized as Promoter Group pursuant to the SEBI (ICDR) Regulations, 2018, as they are immediate relatives of the promoter. The total equity share capital of the company remains 49,27,000 shares.
Shareholding Details
The following table outlines the specific allocation of shares transferred to each relative:
| Name | Relation | Number of Shares | Consideration | % of Total Shareholding |
|---|---|---|---|---|
| Smt. Sunaina Jain | Daughter in law | 98,540 | By way of gift deed | 2.00% |
| Smt. Monica Jain | Daughter | 73,905 | By way of gift deed | 1.50% |
| Smt. Radhica Sharma | Daughter | 24,635 | By way of gift deed | 0.50% |
Promoter Group Holdings
Prior to the transfer, the promoter group, including persons acting in concert, held 53.45% of the total share capital. Ashok Jain's individual holding decreased from 17.66% to 13.66% post-transfer. The total promoter group holding remains unchanged at 53.45% as the transfer was inter-se within the group.
The disclosure was submitted by Devendra Kumar Sahu, Company Secretary & Compliance Officer of Fluidomat Limited, to BSE Ltd. The filing confirms that no encumbrance exists on the transferred shares and that the acquisition was made through an inter-se gift via a duly executed gift deed.
Historical Stock Returns for Fluidomat
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.07% | +0.17% | +14.13% | +14.52% | -32.07% | +719.49% |
How might this redistribution of shares influence future voting patterns and decision-making within the promoter group?
Could this transfer signal a broader succession plan or estate restructuring strategy for Ashok Jain?
What are the potential tax implications for both the promoter and the recipients following this gift deed transfer?

































