Taparia Tools promoter group member Bharat Taparia has acquired 224,060 equity shares representing 1.48% of the company's total paid-up capital through an off-market transaction. The acquisition was completed on November 26, 2025, and disclosed under SEBI's substantial acquisition regulations.

Acquisition Details

The transaction involved the acquisition of shares through a gift via off-market transfer. Taparia submitted the mandatory disclosure under Regulation 29(1) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Shareholding Changes

The acquisition resulted in a significant increase in Bharat Taparia's stake in the company. His shareholding position changed substantially following this transaction.

Regulatory Compliance

Bharat Taparia, who serves as a Director and member of the promoter group of Taparia Tools Limited, initially submitted the disclosure form to BSE Limited. However, the original submission inadvertently omitted the acquisition date. A corrected disclosure was subsequently filed on January 7, 2026, from Mumbai, ensuring full compliance with regulatory requirements.

The disclosure was made to BSE Limited, where Taparia Tools shares are listed under scrip code 505685. The company maintains its equity share capital at ₹15,178,750 both before and after this acquisition, with no changes to the total diluted share capital.

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.