Shardul Securities: Promoter Family Restructures Shareholding

BANKINGFINANCE

Shardul Securities Ltd announced an internal share transfer agreement among promoter group members. Over 18.3 million shares, representing 20.94% stake, changed hands at ₹65 per share. The transfer will reclassify selling entities to the public category without impacting management control.

Shardul Securities Ltd Shareholder Restructuring

Over 1.83 crore shares of Shardul Securities Ltd, constituting 20.94% of its equity, were transferred in an internal promoter group deal.

Reader Takeaway: Internal promoter share consolidation; no change in management control, but selling shareholders move to public category.

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