Jyotsna Poddar Files SAST Disclosure Following Texmaco Rail Share Transfer
Following the completion of share transfer on December 19, 2025, both Akshay Poddar and Jyotsna Poddar have filed their respective regulatory disclosures under SAST regulations. The transaction involved transfer of 2,50,000 Texmaco Rail shares as a gift between immediate relatives, qualifying for exemption under Regulation 10(1)(a) and resulting in Jyotsna Poddar's stake increasing to 0.09%.

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Texmaco Rail & Engineering Limited has received regulatory filings from both parties involved in the recent share transfer transaction. Following the completion of the 2,50,000 equity share transfer from Akshay Poddar to Jyotsna Poddar on December 19, 2025, Jyotsna Poddar has now filed her disclosure under Regulation 10(6) of SEBI's Substantial Acquisition of Shares and Takeovers (SAST) Regulations on December 23, 2025.
Transaction Completion and Regulatory Filings
The share transfer transaction has been completed with full regulatory compliance from both parties. Akshay Poddar initially filed under Regulation 29(2) of SAST Regulations on December 22, 2025, followed by Jyotsna Poddar's filing under Regulation 10(6) on December 23, 2025.
| Filing Details | Information |
|---|---|
| Akshay Poddar Filing | Regulation 29(2) - December 22, 2025 |
| Jyotsna Poddar Filing | Regulation 10(6) - December 23, 2025 |
| Transaction Date | December 19, 2025 |
| Shares Transferred | 2,50,000 equity shares |
| Nature of Transfer | Gift between immediate relatives |
Exemption Under SAST Regulations
Jyotsna Poddar's filing confirms that the acquisition qualifies for exemption under Regulation 10(1)(a) of the SAST Regulations, as it constitutes an inter-se transfer between immediate relatives within the promoter group. The disclosure under Regulation 10(6) was made in compliance with regulatory requirements for exempt transactions. A prior disclosure under Regulation 10(5) was filed on December 12, 2025, indicating the proposed acquisition.
Updated Shareholding Pattern
The transaction has resulted in significant changes to the shareholding positions of both promoters within Texmaco Rail & Engineering Limited's equity structure.
| Shareholder | Before Transaction | After Transaction |
|---|---|---|
| Akshay Poddar | ||
| Number of Shares | 2,64,820 | 14,820 |
| Percentage Holding | 0.07% | 0.00% |
| Jyotsna Poddar | ||
| Number of Shares | 11,04,032 | 13,54,032 |
| Percentage Holding | 0.03% | 0.09% |
Regulatory Compliance Framework
Both filings demonstrate adherence to SEBI's regulatory framework for substantial shareholding changes. The transaction involved no monetary consideration as it was executed as a gift between immediate relatives. The disclosures were submitted to Texmaco Rail & Engineering Limited, BSE Limited, and National Stock Exchange of India Limited, ensuring complete transparency in the share transfer process.
The company's total paid-up share capital remains at 40,68,64,572 equity shares of Re. 1 each. As the transaction falls under the exemption category for inter-se transfers between immediate relatives, no open offer obligations arise under the takeover regulations.
Historical Stock Returns for Texmaco Rail & Engineering
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.32% | -2.67% | +6.63% | -22.99% | -30.93% | +363.46% |
















































