Promoter Pradeep Maheshwari Disposes 13.01% Stake in Brand Concepts Limited
Pradeep Maheshwari, a promoter of Brand Concepts Limited, executed an off-market transfer involving a significant stake in the company. The shares were transferred to Prateek Maheshwari, a member of the Promoter Group.The transaction, which took place on May 8, 2026, saw Pradeep Maheshwari dispose of 1,624,220 equity shares. This disposal represents 13.01% of the total shareholding in Brand Concepts Limited. The transfer was structured as an inter-se transfer by way of gift, meaning there was no monetary consideration involved in the transaction.
The transfer of the shares was confirmed through documentation dated May 12, 2026.
Transaction Summary Details
The details of the share disposal are as follows:| Metric | Details |
|---|---|
| Company Name | Brand Concepts Limited |
| Disposer | Pradeep Maheshwari (Promoter) |
| Transferee | Prateek Maheshwari (Member of Promoter Group) |
| Shares Disposed | 1,624,220 equity shares |
| Percentage Disposed | 13.01% |
| Transaction Type | Off-market transfer (Inter-se transfer by way of gift) |
| Consideration Value | Nil |
| Date of Transaction | May 8, 2026 |
BCONCEPTS Stock Price Movement
Brand Concepts Limited shares today slipped by 4.73% to settle at ₹232.51. The stock saw a total trading volume of 3,711 shares, contributing to the decline throughout the session.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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