Thakkers Group Limited promoter Jitendra Manohardas Thakker transferred 2,62,500 equity shares, representing 16.57% of the company's total share capital, via an inter-se gift to his wife and son.

The transaction, executed off-market on September 22, 2026, reduces Jitendra Manohardas Thakker's individual holding from 3,75,000 shares (23.69%) to 1,12,500 shares (7.10%). The shares were distributed between Bharti Jitendra Thakker and Gaurav Jitendra Thakker.

Regulatory Compliance and Filings

The acquirers, Bharti Jitendra Thakker and Gaurav Jitendra Thakker, filed the necessary disclosures under Regulation 10(7) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This filing confirms that the acquisition is eligible for exemption under Regulation 10(1)(a)(i), which covers transfers by way of gift among relatives.

Prior to this final report, intimations under Regulation 10(5) and Regulation 10(6) were filed with the stock exchanges on September 10, 2026, and September 23, 2026, respectively. The applicable fees of ₹1,77,000 (inclusive of 18% GST) were paid on September 28, 2026, for the filing of the report under Regulation 10(7).

Shareholding Structure Changes

The disclosure details the movement within the promoter group. While individual holdings shifted, the aggregate stake held by the acquirer and Persons Acting in Concert (PACs) remained constant.

What the Numbers Show

The total share capital of the company stands at 15,83,250 equity shares of ₹10 each. The transfer is purely internal to the promoter group, involving entities such as Harihar Horticulture Private Limited, Thakkers Developers Limited, and various LLPs which hold the remaining PAC stakes. Consequently, there is no change in the overall control or voting power of the promoter group, which continues to hold 56.09% of the diluted share capital.

Thakkers Group Ltd has updated its disclosure regarding the proposed acquisition of 16.58% of its total share capital by promoter group members via a gift deed. The revised filing adjusts the distribution of shares among the acquirers compared to the initial announcement.

The transfer involves shares held by Jitendra Manohardas Thakker being gifted to his spouse and son. Notably, the daughter-in-law, Karishma Gaurav Thakker, is no longer listed as a transferee in this updated intimation. The total number of shares being transferred remains 262,500.

Revised Transfer Details

The acquirers are Bharti Jitendra Thakker and Gaurav Jitendra Thakker. While they are not promoters individually, they form part of the company’s promoter group. The proposed date of acquisition is on or after September 17, 2026.

Regulatory Compliance

The company filed the disclosure under Regulation 10(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 with BSE Limited. The advance intimation confirms that no price was paid for the shares, as the transfer is by way of gift. The rationale cited for the proposed transfer is the inter-se redistribution of holdings within the family unit.

The transaction is exempt from making an open offer under Regulation 10(1)(a)(i) of the Takeover Regulations, as it constitutes a transfer to immediate relatives within the promoter group.