M.R. Ruia Family Trust Acquires 6.5 Lakh Shekhawati Industries Shares via Gift
M.R. Ruia Family Trust has disclosed acquisition of 6,50,000 equity shares of Shekhawati Industries Limited through gift transaction on March 17, 2026, under SEBI SAST Regulation 29(2). The inter-se transfer increased the trust's shareholding from 1,000 shares (0.00%) to 6,51,000 shares (1.88%) of the company's total share capital. The promoter group maintains overall holding of 64.12% with Mukesh Ramniranjan Ruia leading at 22.92% stake.
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M.R. Ruia Family Trust has disclosed the acquisition of 6,50,000 equity shares of Shekhawati Industries Limited through a gift transaction on March 17, 2026. The acquisition was reported to BSE Limited and National Stock Exchange of India Limited under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Transaction Details
The inter-se transfer by way of gift represents a significant acquisition for the trust, which previously held only 1,000 shares. The transaction increased the trust's shareholding from 0.00% to 1.88% of the company's total share capital.
| Parameter: | Details |
|---|---|
| Transaction Type: | Inter-se Transfer (Acquisition by way of Gift) |
| Number of Shares Acquired: | 6,50,000 equity shares |
| Transaction Date: | March 17, 2026 |
| Percentage Acquired: | 1.88% |
| Share Value: | ₹10 per equity share |
Shareholding Pattern Changes
The gift transaction resulted in a substantial change in M.R. Ruia Family Trust's shareholding position in Shekhawati Industries Limited.
| Shareholding Position: | Before Transaction | After Transaction | Change |
|---|---|---|---|
| Number of Shares: | 1,000 | 6,51,000 | +6,50,000 |
| Percentage Holding: | 0.00% | 1.88% | +1.88% |
| Voting Rights: | 0.00% | 1.88% | +1.88% |
Promoter Group Structure
M.R. Ruia Family Trust is part of the promoter group of Shekhawati Industries Limited. The complete promoter group structure includes multiple entities with significant shareholdings:
| Entity: | Shares Held | Percentage |
|---|---|---|
| Mukesh Ramniranjan Ruia: | 79,00,000 | 22.92% |
| SKI Buildcon Private Limited: | 46,40,000 | 13.46% |
| Shrey Mukesh Ruia: | 41,00,000 | 11.89% |
| SKI Realtech Pvt. Ltd.: | 21,00,000 | 6.09% |
| Altius Buildcon Private Limited: | 15,24,925 | 4.42% |
| Kalpana Mukesh Ruia: | 7,50,000 | 2.18% |
| M.R. Ruia Family Trust: | 6,51,000 | 1.88% |
| Mukesh Ramniranjan Ruia HUF: | 4,35,000 | 1.26% |
Share Capital Information
Shekhawati Industries Limited's equity share capital structure remained unchanged following this transaction:
- Total Equity Share Capital: ₹34,47,00,000
- Number of Equity Shares: 3,44,70,000 shares
- Face Value per Share: ₹10
- Diluted Share Capital: ₹34,47,00,000
Regulatory Compliance
The disclosure was made in accordance with SEBI (SAST) Regulations 2011 under Regulation 29(2) for substantial acquisition disclosures. M.R. Ruia Family Trust submitted the required documentation to BSE Limited and National Stock Exchange of India Limited, ensuring full regulatory compliance and transparency.
The trust, based at F-73, A-wing, Express Zone Mall, Off. W.E. Highway, Malad East, Mumbai, completed all necessary formalities. This transaction represents a standard inter-se transfer within the promoter group structure, maintaining the overall promoter group holding at 64.12% of the company's total share capital.
Historical Stock Returns for Shekhawati Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.51% | -0.92% | -16.81% | -50.83% | -46.46% | +1,297.65% |
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