Taparia Tools Limited , a BSE-listed company, has witnessed a significant change in its shareholding pattern as Bharat Taparia, a member of the promoter group, substantially increased his stake in the company through a gift transfer from his father.

Key Details of the Transaction

Impact on Shareholding

The inter-se transfer within the promoter family has resulted in a significant increase in Bharat Taparia's stake in Taparia Tools Limited. His shareholding has nearly doubled, rising from 5.86% to 10.72% of the company's total equity.

Regulatory Compliance

This transaction falls under the purview of Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. As per these regulations, any acquisition of shares that results in the acquirer's shareholding crossing the 5% or 10% threshold must be disclosed to the stock exchanges.

Company Overview

Taparia Tools Limited has a total equity capital of Rs. 15.18 crore. The company is listed on the Bombay Stock Exchange (BSE).

While this transaction represents a substantial change in the individual shareholding of Bharat Taparia, it's important to note that as an inter-se transfer between promoter family members, the overall promoter group holding in the company remains unchanged.

Taparia Tools Limited , a company listed on the BSE, has completed a significant change in its promoter shareholding structure. Rahul Maheswari, a member of the promoter group, has acquired 4.83 lakh shares through a gift transfer from his mother, Umadevi Maheshwari. The transaction was completed on December 03, 2025, and has been duly reported to SEBI under Regulation 10(7) of the Takeover Regulations.

Transaction Details

Shareholding Impact

The share transfer has significantly altered the individual shareholdings within the promoter group of Taparia Tools Limited. Following the transaction, the shareholding pattern shows a complete transfer of Umadevi Maheshwari's stake to her son.

Regulatory Compliance and Filing

Rahul Maheswari has filed a comprehensive report with SEBI on December 22, 2025, under Regulation 10(7) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing confirms that all necessary regulatory requirements have been met, including the payment of prescribed fees of ₹1.50 lakh plus applicable taxes.

Exemption from Open Offer

As the transfer occurred between immediate relatives within the promoter group, the transaction is exempt from triggering an open offer under Regulation 10(1)(a)(i) of the Takeover Regulations. The acquirer has confirmed compliance with all conditions specified under this exemption provision.

Market and Investor Implications

While this share transfer represents an intra-family wealth transfer and does not directly impact the company's operations or financials, it demonstrates proper adherence to regulatory disclosure norms. The transaction reflects common succession planning practices within Indian promoter families and maintains transparency for market participants and shareholders.

Taparia Tools Limited continues to operate under its existing management structure, with this ownership change representing internal reorganization within the promoter group rather than any strategic shift in business operations.