NewsOrders & DealsDugar Housing Development Promoters Complete Share Disposal of 98,199 Equity SharesDugar Housing Development Promoters Complete Share Disposal of 98,199 Equity Shares
Dugar Housing Developments Ltd promoters have disposed of their entire shareholding of 98,199 equity shares through an off-market share purchase agreement executed between November-December 2025. The transaction involved three promoter group members and reduced their collective holding from 1.00% to zero percent of the company's equity capital.
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Dugar Housing Developments Ltd has announced the completion of a significant share disposal by its promoter group members, involving the sale of 98,199 equity shares through an off-market transaction. The disposal was executed via a share purchase agreement and has been disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Promoter Share Disposal Details
The share disposal involved three members of the promoter group, with the transaction completed between November 21, 2025, and December 23, 2025. The following table shows the shareholding pattern before and after the disposal:
| Promoter Name: | Shares Sold | Pre-Disposal % | Post-Disposal % |
|---|---|---|---|
| Padam Dugar: | 200 | 0.00% | 0.00% |
| P Annjana Dugar: | 88,633 | 0.91% | 0.00% |
| Shruti P Dugar: | 9,116 | 0.09% | 0.00% |
| Total: | 98,199 | 1.00% | 0.00% |
Transaction Structure
The disposal was executed through an off-market transfer mechanism using a share purchase agreement. This method allows for direct transfer of shares between parties without going through the stock exchange's regular trading system. The transaction involved only equity shares carrying voting rights, with no warrants, convertible securities, or encumbered shares being part of the disposal.
Company Share Capital Position
Dugar Housing Developments Ltd's equity share capital structure remains unchanged following the transaction. The company maintains its total equity share capital of ₹9.70 crores, comprising 97,00,000 equity shares with a face value of ₹10 each. The disposal represents approximately 1.01% of the company's total issued and paid-up share capital.
Regulatory Compliance
The disclosure has been made in compliance with SEBI regulations governing substantial acquisition and disposal of shares. The company has submitted the required documentation to BSE Limited, where its shares are listed, ensuring transparency and regulatory adherence in the share transfer process.
Following this disposal, the promoter group's collective shareholding in Dugar Housing Developments Ltd has been completely divested, marking a significant change in the company's ownership structure. The transaction concludes the promoters' equity participation in the real estate development company.
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