Poona Dal & Oil Industries Limited Completes Inter-se Share Transfer with SEBI Compliance

2 min read Updated on 23 Feb 2026, 04:23 PM

Reviewed by

Jubin VScanX News Team

Overview

Poona Dal & Oil Industries Limited successfully executed an inter-se promoter share transfer involving 321,110 equity shares, with comprehensive regulatory filings submitted to SEBI and BSE Limited, demonstrating full compliance with takeover regulations while maintaining transparency in the family arrangement transaction.

*this image is generated using AI for illustrative purposes only.

Poona Dal & Oil Industries Limited has successfully completed an inter-se transfer of equity shares among its promoter group members, with all regulatory filings submitted to SEBI and BSE Limited. The transaction involved the transfer of 321,110 equity shares from Sunil Deepchand Parakh HUF to Sunil Deepchand Parakh on February 18, 2026, representing 5.63% of the company's total share capital.

Transaction Overview

The share transfer was executed as an off-market inter-se transfer among promoters, falling under the exemption provided in Regulation 10(1)(a)(ii) of SEBI SAST Regulations, 2011. This exemption allows transfers between promoter entities without triggering the requirement for an open offer to public shareholders.

Parameter:	Details
Transaction Date:	February 18, 2026
Transferor:	Sunil Deepchand Parakh HUF
Transferee:	Sunil Deepchand Parakh
Shares Transferred:	321,110
Percentage:	5.63%
Transaction Mode:	Off-market inter-se transfer
Consideration:	Nil (Family arrangement)

Shareholding Pattern Changes

The transaction resulted in significant changes to the individual shareholding patterns while maintaining the overall promoter group holding. Sunil Deepchand Parakh's individual shareholding increased substantially, while the HUF completely divested its stake in the company.

Entity:	Pre-Transaction Shares	Pre-Transaction %	Post-Transaction Shares	Post-Transaction %
Sunil Deepchand Parakh:	286,600	5.02%	607,710	10.65%
Sunil Deepchand Parakh HUF:	321,110	5.63%	0	0.00%

Regulatory Compliance and Filings

The company has maintained full compliance with SEBI regulations throughout the transaction process. Multiple regulatory filings were submitted within the prescribed timelines to ensure transparency and adherence to takeover regulations.

Filing Type:	Regulation	Filing Date	Status
Prior Intimation:	Regulation 10(5)	February 4, 2026	Completed
Post-Transaction Disclosure:	Regulation 10(6)	February 18, 2026	Completed
SEBI Report:	Regulation 10(7)	February 21, 2026	Completed
Filing Fees Paid:	₹1,77,000	February 19, 2026	Confirmed

Poonam Dal & Oil Industries: Promoter Inter-Se Transfer Scheduled for February 6, 2026

1 min read Updated on 04 Feb 2026, 05:28 PM

Reviewed by

Radhika SScanX News Team

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Overview

Poonam Dal and Oil Industries has filed a SEBI disclosure for an inter-se promoter transfer scheduled for February 6, 2026. Sunil Deepchand Parakh will acquire 321,110 shares (5.63%) from Sunil D Parakh HUF at zero consideration, increasing his stake from 5.02% to 10.65%. The transaction is exempt from open offer requirements under SEBI SAST Regulations.

*this image is generated using AI for illustrative purposes only.

Poonam Dal and Oil Industries Limited has filed a disclosure under SEBI's Substantial Acquisition of Shares and Takeovers (SAST) Regulations 2011, detailing a significant share transfer between promoter entities. The transaction involves the acquisition of 321,110 shares by promoter Sunil Deepchand Parakh from Sunil D Parakh HUF, scheduled for execution on February 6, 2026.

Transaction Details

The proposed acquisition represents 5.63% of the company's total share capital and is structured as an inter-se promoter transfer at zero consideration. The transaction falls under the exemption provisions of Regulation 10(1)(a)(i) and Regulation 10(1)(a)(ii) of SEBI SAST Regulations 2011, thereby not requiring an open offer to public shareholders.

Parameter:	Details
Acquirer:	Sunil Deepchand Parakh
Seller:	Sunil D Parakh HUF
Shares to be Acquired:	321,110
Percentage of Share Capital:	5.63%
Consideration:	Zero (Inter-se transfer)
Transaction Date:	February 6, 2026

Shareholding Pattern Changes

The transaction will result in a significant shift in the promoter shareholding structure. Sunil Deepchand Parakh's stake will increase substantially from 5.02% to 10.65%, while the HUF entity will completely exit its shareholding position.

Entity:	Before Transaction		After Transaction
	Shares	Percentage	Shares	Percentage
Sunil Deepchand Parakh:	286,600	5.02%	607,710	10.65%
Sunil D Parakh HUF:	321,110	5.63%	NIL	NIL

Regulatory Compliance and Timeline

The company has submitted the requisite disclosure at least four working days prior to the proposed execution date, as mandated by regulatory requirements. The volume weighted average market price for 60 trading days preceding the disclosure date stands at Rs. 64.48. The acquirer has declared compliance with all applicable disclosure requirements under Chapter V of the Takeover Regulations 2011.

Rationale and Exemptions

The transaction is classified as an inter-se promoter transfer, which involves reorganization of shareholding within the promoter group without any change in overall promoter control. The aggregate shareholding of the Promoter and Promoter Group in the company shall remain unchanged before and after the proposed inter-se transfer. Such transfers are exempt from mandatory open offer requirements under SEBI regulations, provided they meet specified conditions including maintenance of minimum public shareholding and compliance with disclosure norms.

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