Durga Ramji Acquires Shares in Polyspin Exports Ltd through Transmission from Deceased Husband
Durga Ramji, a Promoter of Polyspin Exports Ltd, has acquired 4,99,579 equity shares after the transmission of shares following the demise of her husband, R. Ramji. The transaction occurred on June 18, 2026.The acquisition involves the transfer of these equity shares in Polyspin Exports Limited (Polyspin), which has a face value of Rs. 5/- per share. This specific transmission falls among the Promoters and is noted as being within an exemption related to substantial acquisitions.
Following this transaction, Durga Ramji's holding in Polyspin Exports increased significantly. Prior to the acquisition, she held 23,36,113 shares, representing 23.36% of the total share capital. Post-transaction, her shareholding stands at 28,35,692 equity shares, corresponding to a 28.36% stake in the company.
The transaction details and resulting changes in promoter holding are summarized below:
| Acquirer / Transferor | Shares Held (Pre-Transaction) | % Holding (Pre-Transaction) | Shares Held (Post-Transaction) | % Holding (Post-Transaction) |
|---|---|---|---|---|
| Durga Ramji | 23,36,113 | 23.36% | 28,35,692 | 28.36% |
| R. Ramji | 4,99,579 | 4.99% | - | - |
While Durga Ramji's personal holding increased, the aggregate shareholding of the entire Promoter and Promoters Group remains unchanged at 46,82,926 equity shares, representing 46.83% of the company.
Stock Price Movement
As of 15:18, Polyspin Exports Ltd sees its shares dipping by 2.03%, currently trading at ₹29.01.The stock has seen movement within an intraday range spanning from a high of ₹30.00 down to today's level.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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