Gyan Developers & Builders promoters Harish Kumar, Rekha Jain, and T Harish Kumar HUF disposed of a 10.27% stake in the company through an off-market transfer on August 31, 2026. The shares were sold to non-promoter acquirer Pushp Jain.

The transaction involved the sale of 3,08,200 equity shares. Prior to this deal, the promoter group held these specific shares: Harish Kumar held 1,07,500 shares (3.58%), Rekha Jain held 90,800 shares (3.03%), and T Harish Kumar HUF held 1,09,900 shares (3.66%).

Following the transfer, the promoters' holding in the company stands at zero. Pushp Jain’s total holding is now 3,08,200 equity shares, representing 10.27% of the total share capital.

Transaction Details

The sale was executed via an off-market route. The company’s total equity share capital remains unchanged at ₹3,00,00,000, divided into 30,00,000 equity shares of ₹10 each. There are no encumbrances, warrants, or convertible securities associated with this holding.

Regulatory Disclosure

The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 by the sellers. The shares are listed on BSE Limited. The filing indicates that there are no voting rights held otherwise than by shares, and no pledges or liens exist on the acquired stake.

Gyan Developers & Builders non-promoter entity Arham Global Consulting Pvt Ltd has increased its stake to 19.34% by acquiring 2,95,000 shares from promoter T Ashok Raj HUF. The off-market transaction was completed on August 18, 2026, at a price of ₹52.70 per share.

The acquisition marks the complete exit of T Ashok Raj HUF from the developer’s shareholding pattern. Prior to this transaction, Arham Global held 2,85,400 shares, representing a 9.51% stake. The new purchase adds 9.83% to its existing holding, bringing the total post-transaction stake to 5,80,400 equity shares.

Transaction Details

The transfer was disclosed pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Key parameters of the deal are outlined below:

Stake Evolution

Arham Global Consulting is not part of the promoter group. The filing confirms that neither the seller nor the buyer had any encumbered shares prior to the transaction. Post-acquisition, Arham Global holds no pledged shares.

Capital Structure Impact

The total equity share capital of Gyan Developers remains unchanged at ₹3 crore, comprising 30,00,000 equity shares of ₹10 each. The transfer does not alter the diluted share capital structure.

T Ashok Raj, Karta of T Ashok Raj HUF, submitted the disclosure to the BSE Limited and the company’s compliance officer on August 20, 2026. The filing confirms that no shares were encumbered or pledged prior to the sale.