Sambhaav Media Limited Reports Promoter Group Share Transfer Under SEBI Regulations

Sambhaav Media Limited has reported significant changes in its promoter group shareholding structure following an inter-family share transfer transaction. The company submitted mandatory disclosures to BSE Limited and National Stock Exchange of India Limited under SEBI regulations regarding substantial acquisition of shares and insider trading norms.

Share Transfer Details

Chhayaben R. Vadodaria received 32,65,250 equity shares of INR 1 each, constituting 1.71% of the company's total paid-up equity share capital, as a gift from her sons on March 27, 2026. The transfer was executed through off-market mode and involved two separate transactions.

Transferor:	Shares Transferred	Percentage
Siddharth Vadodaria:	16,36,625 equity shares	0.86%
Karan Vadodaria:	16,28,625 equity shares	0.85%
Total Transfer:	32,65,250 equity shares	1.71%

Impact on Shareholding Pattern

The transaction resulted in substantial changes to the individual shareholdings within the promoter group. Chhayaben R. Vadodaria's stake increased significantly from 1.47% to 3.18%, while both sons completely divested their holdings in the company.

Shareholder:	Before Transaction	After Transaction	Change
Chhayaben R. Vadodaria:	28,10,000 shares (1.47%)	60,75,250 shares (3.18%)	+32,65,250 shares (+1.71%)
Karan R. Vadodaria:	16,28,625 shares (0.85%)	0 shares (0%)	-16,28,625 shares (-0.85%)
Siddharth R. Vadodaria:	16,36,625 shares (0.86%)	0 shares (0%)	-16,36,625 shares (-0.86%)

Regulatory Compliance Framework

The disclosures were made pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and Regulation 7(2)(a) of SEBI (Prohibition of Insider Trading) Regulations, 2015. All three parties involved in the transaction belong to the promoter group of the company and submitted their respective disclosure forms on March 30, 2026.

Regulatory Aspect:	Details
Transaction Date:	March 27, 2026
Disclosure Date:	March 30, 2026
Mode of Transfer:	Off-market (Gift)
Applicable Regulations:	SEBI SAST Regulations 2011, SEBI PIT Regulations 2015

Company Share Capital Structure

The company's equity share capital structure remains unchanged following this internal transfer within the promoter group. The total equity share capital stands at INR 19,11,10,840, divided into 191110840 equity shares of INR 1 each. The shares continue to be listed on BSE Limited and National Stock Exchange of India Limited.

All three parties - Chhayaben R. Vadodaria as the acquirer, and Karan R. Vadodaria and Siddharth R. Vadodaria as the transferors - executed the transaction through proper regulatory channels with appropriate documentation submitted to both stock exchanges.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.84%	+4.60%	-24.37%	-9.41%	+7.17%	+177.07%

Sambhaav Media Limited has informed the stock exchanges about receiving an Income Tax demand notice for additional tax payment of ₹43.23 lakh including interest for assessment year 2018-19. The company disclosed this information to BSE and NSE on March 06, 2026, in compliance with SEBI Listing Regulations.

Details of the Income Tax Notice

The Notice of Demand was issued under section 156 of the Income Tax Act 1961 by the Income Tax Department Central Circle 2(4), Ahmedabad. The notice was issued on March 05, 2026, and received by the company on March 06, 2026, through online communication at 10:23 am.

Parameter:	Details
Issuing Authority:	Income Tax Department Central Circle 2(4), Ahmedabad
Nature of Action:	Notice of Demand under section 156 of Income Tax Act 1961
Assessment Year:	2018-19
Date of Issue:	March 05, 2026
Date of Receipt:	March 06, 2026

Financial Impact and Company Response

The demand notice requires payment of additional tax amounting to ₹43.23 lakh (Forty-Three Lac Twenty-Two Thousand Nine Hundred and Eighty Only), including interest. The matter relates to the addition of income for assessment year 2018-19.

Financial Impact:	Amount
Additional Tax Demand:	₹43.23 lakh
Maximum Financial Impact:	Limited to tax and interest liability
Operational Impact:	None

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 read with sub-para 20 of Para A of Part A of Schedule III of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The company also referenced SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, in its disclosure.

Next Steps

Sambhaav Media Limited has stated that there is no operational impact due to the order beyond the financial liability. The company plans to take appropriate action in consultation with its advisors and consultants regarding the Income Tax demand notice. The communication was submitted to both stock exchanges for their records as required under the listing regulations.