Goldiam International promoter Rashesh Manhar Bhansali has completed an inter-se transfer of equity shares within the promoter group, acquiring 52,98,118 shares representing 4.69% of the company's paid-up equity share capital. The transaction was disclosed to BSE Limited and National Stock Exchange of India Limited on March 12, 2026, following the completion of the share transfer on March 11, 2026.

Transaction Details

The share transfer was executed as a gift transaction without any consideration between promoter group members. Mrs. Shobhnaben Manharkumar Bhansali transferred her shareholding to be held jointly with Mr. Rashesh Manhar Bhansali, with Mrs. Shobhnaben continuing as the first holder.

Regulatory Compliance

The transaction falls within the exemptions under Regulation 10(1)(a)(i) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as it constitutes an inter-se transfer among promoter group members and relatives. The disclosure was made under Regulation 29(1) of SEBI (SAST) Regulations, 2011. Company Secretary Pankaj Parkhiya confirmed the regulatory filing in the official communication to stock exchanges.

Shareholding Structure Impact

The inter-se transfer does not alter the aggregate shareholding of the promoter and promoter group in Goldiam International Limited. The company's equity share capital remains unchanged at 11,29,17,844 equity shares of Rs. 2 each before and after the transaction.

Corporate Structure

The transaction represents a restructuring of share ownership within the promoter group, with the shares now being held jointly between the two promoter group members. This arrangement maintains the existing control structure while formalizing the joint holding pattern. The total diluted share capital of the company stands at 11,30,01,177 equity shares of Rs. 2 each post-transaction. The company confirmed that there is no change in control of the Target Company as a result of this inter-se transfer among immediate relatives within the promoter group.

Goldiam International Limited has informed stock exchanges about a proposed inter-se transfer of equity shares within its promoter group, as per regulatory filing dated March 2, 2026. The transaction involves the transfer of shares between immediate family members within the promoter group structure.

Transaction Details

The proposed transaction involves Mr. Rashesh Manhar Bhansali, a promoter of the company, acquiring equity shares from his mother Mrs. Shobhnaben Manharkumar Bhansali through a gift arrangement. The transfer will convert the existing individual holding into a joint shareholding structure.

Regulatory Compliance

The transaction falls under the exemption provided by Regulation 10(1)(a)(i) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This exemption applies to inter-se transfers between immediate relatives within the promoter group, making it exempt from the obligation to make an open offer under Regulation 3 of the SAST Regulations.

The volume weighted average market price for 60 trading days preceding the notice date was Rs. 377.15 per share, though this is not applicable given the gift nature of the transaction.

Shareholding Structure Impact

Key Transaction Features

The proposed transfer represents a reclassification of shareholding from sole ownership to joint holding arrangement. Mrs. Shobhnaben Manharkumar Bhansali will continue as the first holder in the joint shareholding structure with her son Rashesh Manhar Bhansali.

Important aspects of the transaction include:

• No change in aggregate equity shareholding of the promoter and promoter group
• No change in control of the company
• Transaction executed in dematerialized form
• Compliance with all applicable disclosure requirements under Chapter V of SAST Regulations

Corporate Communication

The company has formally communicated this development to both BSE Limited and National Stock Exchange of India Limited, providing complete documentation including the prior intimation received from the promoter. Company Secretary and Compliance Officer Pankaj Parkhiya has signed the regulatory filing on behalf of Goldiam International Limited.

The transaction demonstrates the company's commitment to maintaining transparency in promoter group activities while ensuring full compliance with regulatory requirements for substantial acquisition and takeover regulations.