Vertex Securities Limited promoter Kumar Nair has filed a regulatory disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, following his gift of 9,00,000 equity shares to relatives and others through various gift deeds executed on March 30, 2026.
SEBI Regulatory Disclosure Details
The disclosure reveals Kumar Nair's shareholding changes in Vertex Securities Limited, which is listed on Bombay Stock Exchange Limited (BSE Limited). The promoter's voting rights have been reduced from 19.16% to 17.94% following the execution of various gift deeds.
| Parameter |
Before Gift |
After Gift |
Change |
| Shares Held |
1,41,77,543 |
1,32,77,543 |
-9,00,000 |
| Voting Rights (%) |
19.16% |
17.94% |
-1.22% |
| Total Shares Gifted |
9,00,000 |
- |
1.22% |
Share Transfer Through Gift Deeds
The share transfer involves Kumar Nair distributing his equity holdings among nine recipients through gift transactions executed on March 30, 2026. The distribution shows a structured approach with varying share allocations based on the relationship with transferees.
| Transferee Name |
Shares Transferred |
| Indiradevi |
250,000 |
| Anitha Plakkot |
250,000 |
| Jayachandran K |
250,000 |
| Kallyani Kutty Shreedharan |
25,000 |
| Sindhu Manikkoth |
25,000 |
| Malini Prakash Nair |
25,000 |
| Mini Prakash Menon |
25,000 |
| K Unnikrishnan & Vasanta Unnikrishnan |
25,000 |
| Ramachandran Unnikrishnan |
25,000 |
| Total |
900,000 |
Company Capital Structure
Vertex Securities Limited maintains an equity share capital of Rs.14,80,24,378 consisting of 7,40,12,189 fully paid up equity shares of Rs. 2/- each. The company's total voting capital remains unchanged despite the promoter's share transfer through gift deeds.
Regulatory Compliance
Pursuant to Regulation 31A(6) of the SEBI Listing Regulations, all transferees will be classified under the Promoter/Promoter Group category of the company. The disclosure was filed from Kumar Nair's address at 8, Prospect Place, London, United Kingdom, and the company has made transaction details available on its official website at www.vertexbroking.com .