Meghna Infracon Infrastructure Limited has announced a significant intra-promoter group share transfer through a gift deed arrangement. The company disclosed the transaction on January 27, 2026, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Gift Deed Transaction Details

The gift deed involves the transfer of 8,00,000 equity shares from Mrs. Manju Jayantilal Lodha to three other promoter group members without any monetary consideration. The shares are being distributed among the recipients in nearly equal proportions.

Regulatory Compliance

The company has ensured full compliance with applicable regulations regarding this transaction. Prior intimation regarding the share transfer under Regulation 10(5) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 was already provided on January 19, 2026.

All three acquirers—Mrs. Meghna Vikram Lodha, Mr. Ishaan Lodha, and Ms. Naysaa Lodha—belong to the promoter group category. The company has confirmed that all required disclosures and reports related to this transaction will be made according to applicable regulations.

Company Information

Meghna Infracon Infrastructure Limited, formerly known as Naysaa Securities Limited, is listed on the Bombay Stock Exchange with scrip code 538668. The company is headquartered in Mumbai and operates from Shivam Chambers, S.V. Road, Goregaon (W). The disclosure was signed by Company Secretary and Compliance Officer Sudhir Suman Singh.

Meghna Infracon Infrastructure , through its subsidiary Meghna Infracon Infra, is set to make a significant foray into the South Mumbai real estate market with a new redevelopment project in the upscale neighborhood of Prabhadevi. This strategic move marks an important expansion for the company and is expected to bolster its presence in one of Mumbai's most sought-after localities.

Project Details

The redevelopment project, which is residential in nature, is anticipated to generate revenue of ₹80.00 crore for the company. This substantial figure underscores the scale and potential of the venture in the prime real estate market of South Mumbai.

Strategic Expansion

By initiating this project in Prabhadevi, Meghna Infracon Infrastructure is positioning itself to capitalize on the high demand for quality residential spaces in South Mumbai. Prabhadevi, known for its upscale residential complexes and proximity to key business districts, presents a lucrative opportunity for real estate development.

Market Implications

This move by Meghna Infracon Infrastructure could potentially strengthen its portfolio and market position in the competitive Mumbai real estate sector. The project's success could pave the way for further expansions and similar ventures in other premium locations across the city.

As the project unfolds, investors and market watchers will likely keep a close eye on its progress and its impact on Meghna Infracon Infrastructure's overall performance in the coming quarters.