NewsOrders & DealsGRP Limited Promoter Group Executes Inter-se Share Transfer Under SEBI SAST RegulationsGRP Limited Promoter Group Executes Inter-se Share Transfer Under SEBI SAST Regulations
GRP Limited's promoter group executed an inter-se transfer of 1,88,756 shares (3.54%) through gift without consideration on November 25, 2025, while maintaining their overall 22.13% holding at 11,80,400 shares. The disclosure was filed on January 8, 2026, under SEBI SAST regulations following BSE's request for clarification, covering multiple promoter entities led by Rajendra Vadilal Gandhi.
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GRP Limited 's promoter group has completed an inter-se share transfer under the SEBI Substantial Acquisition of Shares and Takeovers (SAST) Regulations, 2011. The transaction involved multiple promoter entities led by Rajendra Vadilal Gandhi, with the disclosure filed on January 8, 2026, following BSE's request for clarification on the original submission.
Transaction Details
The inter-se transfer involved 1,88,756 shares representing 3.54% of GRP Limited's total share capital. The transaction was executed through gift without consideration, completed on November 25, 2025.
| Transaction Parameter: | Details |
|---|---|
| Shares Transferred: | 1,88,756 shares |
| Percentage of Capital: | 3.54% |
| Mode of Transfer: | Inter-se transfer by way of gift without consideration |
| Transaction Date: | November 25, 2025 |
| Total Share Capital: | 53,33,332 shares |
Promoter Group Holdings
The promoter group's overall holding position remained unchanged despite the internal transfer activity. Before and after the transaction, the group maintained identical shareholding levels.
| Holding Details: | Before Transaction | After Transaction |
|---|---|---|
| Shares with Voting Rights: | 11,80,400 | 11,80,400 |
| Percentage Holding: | 22.13% | 22.13% |
| Encumbered Shares: | Nil | Nil |
| Other Voting Rights: | Nil | Nil |
Promoter Group Entities
The disclosure covers multiple entities within the promoter group acting in concert:
- Rajendra Vadilal Gandhi
- Nayna Rajendra Gandhi
- Harsh Rajendra Gandhi
- Hemal Harsh Gandhi
- Vaishali Rajendra Gandhi
- Nehal Rajendra Gandhi
- Rajendra Vadilal Gandhi HUF
- Harsh Rajendra Gandhi HUF
- Harsh Rajendra Gandhi (As trustee of Aarav Trust)
- Enarjee Consultancy and Trading Company LLP
Regulatory Compliance
The disclosure was filed under Regulation 29(2) of SEBI (SAST) Regulations, 2011, following BSE's inquiry dated January 5, 2026, regarding discrepancies in the original filing. The revised submission included proper acquisition dates as required under regulatory compliance. GRP Limited's shares are listed on both BSE Limited and National Stock Exchange of India Limited, with BSE scrip code 509152.
The transaction represents an internal reorganization within the promoter group without affecting the overall promoter holding or the company's total share capital structure.
Historical Stock Returns for GRP
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.01% | -3.01% | +3.07% | -31.80% | -47.51% | +664.99% |
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