Arun Kumar Saraf's Proposed Acquisition of Shares in Robust Hotels Limited via Gift
Mr. Arun Kumar Saraf, a promoter of Robust Hotels Limited, is set to acquire equity shares of the company through a gift from Mrs. Ratna Saraf. This acquisition, characterized as an inter se transfer amongst immediate relatives, is proposed on or before June 30, 2026.The transaction involves the proposed transfer and acquisition of 20,26,520 equity shares, which represents 11.72% of the share capital of Robust Hotels Limited after the proposed transaction. The shares are being acquired at a price of Nil as part of the gift arrangement.
The transaction details clarify that Mr. Arun Kumar Saraf is an acquirer and promoter, and Mrs. Ratna Saraf is the seller/transferor in this matter. This transfer falls under the category of inter se transfer by way of gift among immediate relatives.
Shareholding Details Before and After Proposed Transaction
The following table details the shareholding status of the parties involved before and after the proposed acquisition:| Category | Entity | Shares (Pre-Transaction) | % Share Capital (Pre-Transaction) | Shares (Post-Transaction) | % Share Capital (Post-Transaction) |
|---|---|---|---|---|---|
| Acquirer | Mr. Arun Kumar Saraf | 13,098 | 0.08% | 20,39,618 | 11.80% |
| Acquirer | Mr. Umesh Saraf | 37,096 | 0.21% | 37,096 | 0.21% |
| Acquirer | Saraf Industries Limited | 72,45,945 | 41.90% | 72,45,945 | 41.90% |
| Total Acquirers | 72,96,139 | 42.19% | 93,22,659 | 53.91% | |
| Seller | Mrs. Ratna Saraf | 20,26,520 | 11.72% | - | - |
Note: The table reflects the number of shares and percentage of voting rights relative to total share capital.
RHL Stock Price Movement
As of 12:07 PM, shares of Robust Hotels Limited are shedding value in live trading, slipping 0.61% and currently resting at ₹179.04 after seeing a daily drop of ₹1.09. The stock has seen activity within the range of ₹178.1 to ₹183.5 as traders move through the day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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