Gorani Industries Limited has issued a clarification to BSE Limited regarding recent movement in its share price, stating that the changes are purely driven by market conditions with no undisclosed price-sensitive information pending.

BSE Query Response

The company responded to a surveillance query from BSE dated April 01, 2026, with reference number L/SURV/ONL/PV/APJ/2026-2027/3476. The exchange had sought clarification on the movement in the company's security price.

Company's Position on Price Movement

Gorani Industries emphasized its compliance with regulatory disclosure requirements. The company stated that all information affecting its operations and performance, including necessary disclosures under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, have been disclosed within stipulated timeframes.

The management categorically stated that there is no pending information, announcement, or disclosure that could be considered as "Price Sensitive Information" resulting in significant movement in the security's price.

Market-Driven Movement

The company attributed the share price movement entirely to market conditions. This clarification suggests that the price changes were not influenced by any undisclosed corporate developments or material information that would typically require regulatory disclosure.

Regulatory Compliance

The response was signed by Nakul Gorani (DIN: 06543317), Whole-time Director of the company. The digital signature was authenticated on April 02, 2026, at 11:04:35 +05'30', demonstrating the company's formal compliance with the exchange's inquiry process.

Gorani Industries has received an official regulatory disclosure regarding the inter-se transfer of 1,10,000 equity shares from promoter Shanta Devi Gorani to Nakul Gorani. The transaction was executed through a gift arrangement on March 16, 2026, representing a significant redistribution within the promoter group.

Official Disclosure Details

Shanta Devi Gorani, residing at 65-66, Gulmarg Colony, Saket Nagar, Indore (M.P.)-452018, submitted the mandatory disclosure to BSE Limited under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure confirms the inter-se transfer of shares among promoters through an off-market gift transaction.

Shareholding Changes

Shanta Devi Gorani's Holdings

Following the gift transfer, Shanta Devi Gorani's shareholding in the company decreased from 7,82,000 shares to 6,72,000 shares, reducing her percentage holding from 14.58% to 12.53%.

Nakul Gorani's Enhanced Position

The recipient of the gift transfer, Nakul Gorani, has significantly strengthened his position in the company. His shareholding increased substantially, representing a 2.05% enhancement in his ownership stake.

Regulatory Framework

The transaction was executed in compliance with SEBI regulations governing substantial acquisition of shares and takeovers. The disclosure identifies the persons acting in concert with the acquirer, including Sanjay Kumar Gorani, Shanta Devi Gorani, Manju Gorani, Hema Gorani, Narendra Kumar Gorani, and Geet Gorani.

Company Capital Structure

Gorani Industries Limited maintains its total share capital at 53,62,600 equity shares of Rs. 10.00 each. The inter-se transfer does not impact the overall share capital structure, with shares continuing to be listed on BSE Limited. This transaction represents a strategic redistribution of shareholding within the promoter group while maintaining regulatory compliance.