Polymechplast Machines Limited , a manufacturer of plastic processing machines, has disclosed a substantial inter-se transfer of shares between its promoters. The transaction, which took place on August 25, 2025, involved the transfer of 441,653 equity shares, representing 7.88% of the company's total shareholding.

Key Details of the Share Transfer

• Transferor: Hansaben Mahendrabhai Bhuva (Promoter)
• Acquirer: Anand Mahendrabhai Bhuva (Director and Promoter)
• Number of Shares: 441,653 (7.88% of total equity)
• Transaction Type: Off-market gift transaction between immediate relatives
• Date of Transfer: August 25, 2025

Impact on Shareholding

The share transfer has resulted in a significant shift in the promoter shareholding structure of Polymechplast Machines Limited:

Transaction Details

The company clarified that the transfer was conducted without any monetary consideration, as it was a gift transaction made out of natural love and affection between immediate relatives. This type of transaction falls under the exemption provided by Regulation 10(1)(a)(i) & (ii) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Regulatory Compliance

Polymechplast Machines Limited has adhered to the necessary regulatory requirements:

1. The company made a prior intimation on August 13, 2025, under Regulation 10(5) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
2. Following the transaction, a disclosure was submitted on August 28, 2025, as per Regulation 10(6) of the same SEBI regulations.

About Polymechplast Machines Limited

Polymechplast Machines Limited, known for its 'Gold Coin' brand of plastic processing machines, is listed on the BSE Limited. The company's registered office is located in Vadodara, Gujarat, and it has a presence in major Indian cities including Mumbai, Kolkata, Delhi, Bangalore, and Chennai.

Investors and market participants are advised to take note of this significant change in the company's promoter shareholding structure.

Polymechplast Machines Limited , a company listed on the BSE, is set to witness a significant change in its promoter shareholding structure. Anand Mahendrabhai Bhuva, a promoter of the company, has submitted prior intimation for acquiring a substantial stake through an inter-se transfer among immediate relatives.

Key Details of the Transaction

• Acquirer: Anand Mahendrabhai Bhuva
• Transferor: Mrs. Hansaben Mahendrabhai Bhuva (Mother of the acquirer)
• Number of Shares: 441,653 equity shares
• Percentage Stake: 7.88% of the company's share capital
• Nature of Transfer: Gift (No monetary consideration)
• Proposed Date of Acquisition: On or after August 21, 2025

Impact on Shareholding

The proposed transaction will result in a significant shift in the promoter group's individual holdings:

Regulatory Compliance

The acquisition is exempt from open offer requirements under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as it falls under the category of promoter inter-se transfer between immediate relatives.

Anand Bhuva has submitted the necessary disclosures under Regulation 10(5) of the SEBI regulations, affirming compliance with all applicable conditions for the exemption. The disclosure also provides details of other promoter group shareholdings, which remain unchanged:

• Mahendrakumar Ravjibhai Bhuva: 11.58%
• Himmatlal Parshottambhai Bhuva: 6.74%
• Mita Himmatlal Bhuva: 4.89%
• Akshay Bhuva: 0.68%
• Savan Bhuva: 2.04%

Company Background

Polymechplast Machines Limited, trading under the BSE Scrip Code 526043, is based in Vadodara, Gujarat. The company's registered office is located at "Gold Coin House", 776, G.I.D.C., Makarpura, Vadodara-390010.

This inter-se transfer among promoters is a significant development for Polymechplast Machines Limited, potentially consolidating control within the promoter group while maintaining compliance with regulatory requirements.