Multiple promoter group entities have completed significant share transfers to Paramount Park Limited in Thakral Services (India) Limited on February 16, 2026. The transactions involved TIL Investments Pvt. Ltd. transferring 40,29,200 equity shares (34.33%) and Thakral Investments Holdings (Mauritius) Limited transferring 22,00,000 equity shares (18.75%), both executed as off-market inter-se transfers under SEBI SAST Regulation 29(2).

Transaction Overview

The share transfers represent significant internal restructuring within the promoter group of Thakral Services. Both transactions were executed simultaneously, resulting in Paramount Park Limited consolidating a substantial stake in the company.

Shareholding Changes

Both transactions resulted in complete divestment by the transferor entities. Post-transaction, both TIL Investments and Thakral Investments Holdings reduced their shareholdings to zero.

Regulatory Compliance

Both entities filed mandatory disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, with BSE Limited on February 16, 2026. TIL Investments' disclosure was signed by Kanwaljeet Singh Bawa (DIN: 00234162) from Bengaluru, while Thakral Investments Holdings' disclosure was signed by Director Karan Singh Thakral from Singapore.

Corporate Details

TIL Investments Pvt. Ltd. is incorporated in Delhi with CIN U67100DL1986PTC357768, while Thakral Investments Holdings (Mauritius) Limited is registered in Mauritius (Company Registration No. 14493/1752) with its registered office at 6th Floor Newton Tower, Sir William Newton Street, Port Louis. Thakral Services (India) Limited is listed on BSE Limited under scrip code 509015, with total equity share capital of 1,17,35,080 shares remaining unchanged post-transaction.

Broader Promoter Group Restructuring

These transfers form part of a larger promoter group restructuring, with Paramount Park Limited acquiring shares from multiple promoter entities. The consolidated effect of these inter-se transfers has resulted in Paramount Park significantly increasing its stake in Thakral Services to 74.00% of the total share capital, strengthening its control over the company's operations and strategic direction.

Paramount Park Limited has announced a significant inter-se transfer involving the acquisition of 62,29,200 equity shares in Thakral Services (India) Limited, representing 53.08% of the company's paid-up equity capital. The transaction, disclosed under SEBI SAST Regulation 10(5), involves an off-market transfer between promoter group entities.

Transaction Details

The acquisition involves shares from two existing promoter entities at a uniform price of INR 13.80 per share. The transaction is structured as an inter-se transfer among promoter group members, qualifying for exemption under SEBI regulations.

Share Transfer Breakdown

The acquisition comprises shares from two promoter group entities with different contribution levels:

Shareholding Changes

The transaction will result in a substantial change in Paramount Park's direct shareholding while maintaining the overall promoter group structure:

Regulatory Compliance

The transaction falls under the exemption provided by Regulation 10(1)(a)(ii) of SEBI SAST Regulations 2011, as it constitutes an inter-se transfer among promoter group members. Paramount Park Limited has declared compliance with all applicable disclosure requirements under Chapter V of the Takeover Regulations 2011.

Gurmukh Singh Thakral, Director of Paramount Park Limited, signed the disclosure documents on February 6, 2026, confirming that the aggregate holding of the promoter and promoter group remains unchanged despite the internal restructuring. The company has submitted the requisite disclosure to BSE Limited for Thakral Services (India) Limited, which trades under scrip code 509015.