MM Rubber Company Ltd Promoter Shares Transferred Following Demise of Mr. Mammen Philip
MM Rubber Company Limited has reported the passing of Mr. Mammen Philip, a promoter of the company. Mr. Philip, who was holding 95,363 equity shares, passed away on December 8, 2025, at the age of 87.The company announced that with his demise, Mr. Philip ceased to be part of the company's promoter group.
The company confirmed that Mr. Philip's shares were successfully transmitted to his daughter, Ms. Kavita Philip, who is designated as the immediate relative.
The company has updated its record of shareholding, filing the latest shareholding pattern with the Bombay Stock Exchange (BSE) for the quarter and year ended March 31, 2026, reflecting the change in the promoter category.
The core details of the deceased promoter and his shareholding are summarized below:
| Promoter Name | Date of Death | Age | Shares Held | Promoter Stake |
|---|---|---|---|---|
| Mr. Mammen Philip | December 8, 2025 | 87 years | 95,363 | 1.53% |
The shareholding pattern has now been updated to reflect Ms. Kavita Philip as the recipient of the shares.
Stock Price Movement
As of 10:51, MM Rubber Company Ltd shares are flatlining at ₹72.30, reflecting zero change for the day so far. The stock is completely locked at this level, having traded only within the narrow range of ₹72.30.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.