Polymechplast Machines Director and Promoter Anand Mahendrabhai Bhuva has significantly increased his stake in the company through an inter-se transfer of shares from an immediate family member.

Key Details of the Transaction

• Acquisition: Anand Bhuva acquired 4,41,653 equity shares, representing a 7.88% stake in the company.
• Transferor: The shares were transferred from Mrs. Hansaben Mahendrabhai Bhuva, Anand Bhuva's mother.
• Mode of Transfer: The transaction was conducted as an off-market transfer by way of gift.
• Date of Transfer: The share transfer was completed on August 25.

Impact on Shareholding

The inter-se transfer has resulted in a significant change in the shareholding pattern of the promoter group:

Regulatory Compliance

The transaction was executed in compliance with SEBI regulations:

1. It falls under the exemption provided in Regulation 10(1)(a)(i) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, which allows for inter-se transfers among immediate relatives.
2. The company has made necessary disclosures to the stock exchanges as per Regulation 29(2) of SEBI (SAST) Regulations and Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015.
3. A fee of Rs. 1,77,000 (including GST) was paid to SEBI for the regulatory filings.

About the Transaction

The share transfer was described as a private family arrangement, conducted without any monetary consideration. As per the regulatory filings, this inter-se transfer did not trigger an open offer requirement under SEBI exemption regulations.

Polymechplast Machines has a total of 56,01,710 equity shares of Rs. 10 each, amounting to a total share capital of Rs. 5,60,17,100.

Polymechplast Machines Limited , a manufacturer of plastic processing machines, has disclosed a substantial inter-se transfer of shares between its promoters. The transaction, which took place on August 25, 2025, involved the transfer of 441,653 equity shares, representing 7.88% of the company's total shareholding.

Key Details of the Share Transfer

• Transferor: Hansaben Mahendrabhai Bhuva (Promoter)
• Acquirer: Anand Mahendrabhai Bhuva (Director and Promoter)
• Number of Shares: 441,653 (7.88% of total equity)
• Transaction Type: Off-market gift transaction between immediate relatives
• Date of Transfer: August 25, 2025

Impact on Shareholding

The share transfer has resulted in a significant shift in the promoter shareholding structure of Polymechplast Machines Limited:

Transaction Details

The company clarified that the transfer was conducted without any monetary consideration, as it was a gift transaction made out of natural love and affection between immediate relatives. This type of transaction falls under the exemption provided by Regulation 10(1)(a)(i) & (ii) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Regulatory Compliance

Polymechplast Machines Limited has adhered to the necessary regulatory requirements:

1. The company made a prior intimation on August 13, 2025, under Regulation 10(5) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
2. Following the transaction, a disclosure was submitted on August 28, 2025, as per Regulation 10(6) of the same SEBI regulations.

About Polymechplast Machines Limited

Polymechplast Machines Limited, known for its 'Gold Coin' brand of plastic processing machines, is listed on the BSE Limited. The company's registered office is located in Vadodara, Gujarat, and it has a presence in major Indian cities including Mumbai, Kolkata, Delhi, Bangalore, and Chennai.

Investors and market participants are advised to take note of this significant change in the company's promoter shareholding structure.