MKP Mobility Ltd Promoter Shares Transferred via Gift
MKP Mobility Ltd has announced a significant off-market, inter-se transfer of equity shares among its promoters. The transaction involves Mr. Jitesh Mahendrakumar Patodia transferring 5,40,696 equity shares to Mr. Aanjan Jitesh Patodia, an immediate relative of the transferor.The proposed transfer, which is being executed by way of gift and without any consideration, pertains to 5,40,696 equity shares, representing 15.851% of the total equity share capital of MKP Mobility Ltd.
The inter-se transfer of shares is slated to take place on or after April 24, 2026. The rationale provided for the transaction is that the shares are being transferred at NIL value due to the relationship between the two promoters.
The proposed transfer of shares is noted as falling within the scope of an inter-se transaction among the promoters of the company.
Shareholding Impact
The transaction details and resulting changes in shareholding are as follows:| Shareholding Detail | Before Proposed Transaction | After Proposed Transaction |
|---|---|---|
| Total Shares Transferred | N/A | 5,40,696 |
| % of Total Share Capital | N/A | 15.851% |
The document provided detailed shareholding figures for both the acquirer and the seller:
| Shareholding Category | Before Proposed Transaction (Shares / % Holding) | After Proposed Transaction (Shares / % Holding) |
|---|---|---|
| Aanjan Jitesh Patodia (Acquirer/Promoter) | 43,217 (1.267%) | 583,913 (17.118%) |
| Jitesh Mahendrakumar Patodia (Seller/Promoter) | 17,43,658 (51.118%) | 12,02,962 (35.267%) |
The aggregate holding of the promoter and promoter group is stated to remain unchanged following this inter-se transfer.
Stock Price Movement
MKP Mobility Ltd shares settled at ₹110.10 today, remaining flat with no percentage change after the market close. The stock was locked entirely within a single range throughout the day, trading completely flat at the ₹110.10 price point.Source:
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