Solitaire Machine Tools Limited has filed regulatory disclosures under SEBI (Prohibition of Insider Trading) Regulations, 2015 regarding an inter-se transfer of equity shares between its promoters. The transaction involves the transfer of 15,000 equity shares from Mr. Ashok Jivarajbhai Sheth to Mrs. Swati Hemendra Badani, both promoters of the company.

Transaction Details

The share transfer was executed as an off-market inter-se transfer by way of gift on March 17, 2026, maintaining compliance with securities regulations:

Shareholding Changes

The transaction resulted in changes to the promoter shareholding structure. Mrs. Swati Hemendra Badani acquired the shares from Mr. Ashok Jivarajbhai Sheth through the inter-se transfer mechanism:

Regulatory Compliance Framework

The disclosure was filed under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended from time to time. The company submitted Form C detailing the continual disclosure requirements for changes in shareholding of promoters. Company Secretary Reshma Kiri executed the formal disclosure filing with BSE Limited on March 18, 2026.

Mr. Ashok Jivarajbhai Sheth, residing at 402, Orloff Apt, 38 Haribhakti, Old Padra Road, Race Course Circle, Vadodara-390016, Gujarat, filed individual disclosure as the transferor promoter. The documentation includes comprehensive details under Form C of SEBI regulations for continual disclosure requirements.

Corporate Information

Solitaire Machine Tools Limited operates with ISIN INE410A01013 and maintains its registered office at A-24/25, Krishna Industrial Estate, Near BIDC, Gorwa, Vadodara-390016, Gujarat. The company also operates Plant I at 292, Dharamsinh Desai Marg, Chhani Road, Vadodara-390024, Gujarat. Mrs. Swati Hemendra Badani filed the individual disclosure as required under the regulations for the share acquisition.

Solitaire Machine Tools Limited has announced the appointment of Ms. Reshma Kiri as Company Secretary and Compliance Officer, effective December 11, 2025. The company informed BSE Limited about this key managerial personnel change on December 23, 2025, in accordance with regulatory requirements.

Appointment Details

The appointment was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's communication to BSE was signed by Hemandra Jayantilal Badani, Vice Chairman & Managing Director (DIN: 0143330).

Professional Background

Ms. Reshma Kiri is an Associate Member of the Institute of Company Secretaries of India (ICSI) with membership number A54902. She brings three years of specialized experience in secretarial and compliance functions to her new role. In addition to her professional qualifications as a Company Secretary, she holds a Bachelor of Commerce degree.

Regulatory Compliance

The appointment disclosure was made in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. The company has provided all required details regarding the change in key managerial personnel as mandated by regulatory guidelines.

Company Information

Solitaire Machine Tools Limited operates with its registered office and Plant II located at A-24/25, Krishna Industrial Estate, Near B.I.D.C., Gorwa, Vadodara – 390 016, Gujarat. The company also maintains Plant I at 292, Dharamsinh Desai Marg, Chhani Road, Vadodara-390 024, Gujarat. The company trades on BSE under the scrip code 522152 with the scrip name SOLIMAC.