Mahasagar Travels Promoter Group Member Acquires 80,000 Shares in Off-Market Transaction

1 min read Updated on 09 Mar 2026, 04:25 PM

Reviewed by

Ashish TScanX News Team

Overview

Mahasagar Travels Limited reported that promoter group member Sukhwani Nitin B acquired 80,000 shares (1.02%) through off-market transaction on March 06, 2026, increasing his total holding to 159,800 shares (2.03%). The acquisition was disclosed under SEBI Regulation 29, with the company's equity capital remaining at Rs. 7,86,35,000 comprising 78,63,500 shares of Rs. 10 face value each.

*this image is generated using AI for illustrative purposes only.

Mahasagar travels disclosed a substantial acquisition of shares by a promoter group member under SEBI regulations. The company informed BSE Limited about the transaction through its Company Secretary and Compliance Officer, Chirag Sangatani, on March 09, 2026.

Transaction Details

Sukhwani Nitin B, a member of the promoter group, acquired 80,000 shares of Mahasagar Travels Limited through an off-market transaction on March 06, 2026. The acquisition represents 1.02% of the company's total share capital.

Parameter:	Details
Acquirer:	Sukhwani Nitin B
Transaction Mode:	Off-market
Shares Acquired:	80,000
Percentage Acquired:	1.02%
Transaction Date:	March 06, 2026

Shareholding Changes

The acquisition resulted in a significant change in the promoter group member's shareholding pattern. Prior to this transaction, Sukhwani Nitin B held 79,800 shares representing 1.01% of the company's equity.

Holding Period:	Number of Shares	Percentage
Before Acquisition:	79,800	1.01%
Shares Acquired:	80,000	1.02%
After Acquisition:	159,800	2.03%

Company Capital Structure

Mahasagar Travels Limited's equity share capital structure remained unchanged following the transaction. The company maintains its total equity base without any dilution from this off-market acquisition.

Capital Details:	Amount/Number
Total Equity Share Capital:	Rs. 7,86,35,000
Number of Equity Shares:	78,63,500
Face Value per Share:	Rs. 10

Regulatory Compliance

The disclosure was made in compliance with Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquirer submitted the required documentation to BSE Limited through the Corporate Relationship Department, ensuring full regulatory compliance for the substantial acquisition.

Historical Stock Returns for Mahasagar Travels

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-100.00%	0.0%	-100.00%	-100.00%	-100.00%	-100.00%

Mahasagar Travels

View Company Insights

View All News

Mahasagar Travels Promoter Increases Stake to 9.48% Through Inter-se Transfer

1 min read Updated on 02 Mar 2026, 03:10 PM

Reviewed by

Jubin VScanX News Team

Add as a preferred
source on Google

Overview

Mahasagar Travels Limited promoter Bhagchand Gordhandas Sukhwani increased his shareholding from 8.49% to 9.48% by acquiring 78,500 shares through an inter-se transfer on February 27, 2026. The off-market transaction among promoter group members did not affect the overall promoter group holding of 31.29%. The company filed the disclosure under SEBI regulations on March 02, 2026.

*this image is generated using AI for illustrative purposes only.

Mahasagar Travels Limited has disclosed a substantial acquisition of shares by its promoter under SEBI regulations. The company filed the disclosure on March 02, 2026, regarding a transaction that took place on February 27, 2026.

Transaction Details

Promoter Bhagchand Gordhandas Sukhwani acquired 78,500 equity shares of the company through an off-market transaction. The acquisition was structured as an inter-se transfer among promoter and promoter group members.

Transaction Parameter	Details
Acquirer	Bhagchand Gordhandas Sukhwani (DIN: 00579112)
Transaction Date	February 27, 2026
Mode of Acquisition	Off-market (Inter-se transfer)
Shares Acquired	78,500 equity shares
Acquisition Percentage	1.00%

Shareholding Changes

The transaction resulted in a notable increase in the promoter's individual shareholding in the company. His stake moved from 8.49% to 9.48% following the acquisition.

Shareholding Position	Before Acquisition	After Acquisition	Change
Number of Shares	667,200	745,700	+78,500
Percentage Holding	8.49%	9.48%	+1.00%
Voting Rights	8.49%	9.48%	+1.00%

Company Capital Structure

Mahasagar Travels Limited maintains a stable equity capital structure with no changes resulting from this transaction. The company's total equity share capital remains at Rs 7,86,35,000, divided into 78,63,500 equity shares of Rs 10 each.

Promoter Group Holdings

Despite the individual promoter's increased stake, the overall promoter and promoter group shareholding remained unchanged at 31.29%. This indicates the transaction was purely an internal restructuring among promoter group members.

Promoter Group Position	Share Count	Percentage
Prior to Transfer	24,60,400 equity shares	31.29%
Post Transfer	24,60,400 equity shares	31.29%

The disclosure was filed in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, with Company Secretary Chirag Sangatani handling the regulatory filing process.

Historical Stock Returns for Mahasagar Travels