Promoter Group Executes Inter-se Transfer in Shriram Properties Ltd Shares
Shriram Group members have completed an indirect disposal of shares in Shriram Properties Limited following an inter-se transfer between Promoters. The transaction involves the transfer of specific equity stakes held by the Shriram Group Executives Welfare Trust (SGEWT) to Murali Malayappan, a Promoter.The disposal occurred on July 7, 2026, involving the indirect transfer of shares which represented 5.91% of Shriram Properties Limited's total diluted share capital before the transaction. The shares being transferred are equity shares of Shriram Properties Holdings Private Limited (SPHPL), the Promoter of the Target Company, carrying a face value of Rs. 10/- each.
The transaction details outline the change in stakeholding among the Promoter group members. Before the disposal, the SGEWT held 4,03,402 indirect shares in Shriram Properties Limited, representing 5.91% (Indirect) and 0.14% (Direct).
Following the inter-se transfer of 4,03,402 indirect shares from SGEWT to Murali Malayappan, the resulting shareholding status is as follows:
| Category | Pre-Disposal Holding (SGEWT) | Post-Disposal Holding (SGEWT) |
|---|---|---|
| Indirect Shares in TC | 4,03,402 | N/A |
| Percentage of Diluted Share Capital | 5.91% | N/A |
| Direct Shares in TC | 2,40,500 | 2,40,500 |
| Percentage of Direct Share Capital | 0.14% | 0.14% |
The total diluted share capital of Shriram Properties Limited before the said acquisition stood at 17,06,54,392 Equity Shares of Rs. 10/- each. After the transfer, the total diluted share capital increased to 17,23,67,762 Equity Shares of Rs. 10/- each.
The transaction is reported as an inter-se transfer between Promoter and Promoters Group, which was subject to necessary approval by SEBI. The shares involved are equity in SPHPL, which itself is a Promoter of Shriram Properties Limited.
SHRIRAMPPS Stock Price Movement
As of 10:12 AM, shares of Shriram Properties Limited are gaining modestly in live trading, currently priced at ₹89.09 after rallying 1.14%. The stock reflects this positive trend on a volume of 85,084 shares as the market continues its activity.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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