Sanjay Gupta Acquired Shares of SG Mart Limited via Inter-Se Gift Transfer
Sanjay Gupta has acquired 4,42,00,000 equity shares of SG Mart Limited through an inter-se off-market transfer by way of gift from Mr. Sameer Gupta. This transaction falls under the purview of substantial acquisition regulations in the context of the company's share structure.The acquisition was completed on June 16, 2026, with each equity share having a face value of One Rupee only. The transfer involves Mr. Sanjay Gupta as the acquirer and Mr. Sameer Gupta as the seller (immediate relative).
Mr. Sanjay Gupta is part of the promoter group of SG Mart Limited. Prior to this acquisition, his holding, along with other Persons Acting in Concert (PACs), stood at 7,29,75,000 shares, which accounted for 57.90 percent of the total voting capital.
The transaction details and shareholding status before and after the acquisition are provided below:
| Aspect | Details |
|---|---|
| Target Company | SG Mart Limited |
| Acquirer | Mr. Sanjay Gupta (along with several PACs and S Gupta Holding Private Limited) |
| Seller/Disposer | Mr. Sameer Gupta |
| Shares Acquired | 4,42,00,000 shares |
| Mode of Acquisition | Inter-se off-market transfer by way of gift |
| Date of Acquisition | June 16, 2026 |
Despite the acquisition, the post-acquisition holding of Mr. Sanjay Gupta and PACs in SG Mart Limited remained at 7,29,75,000 shares, representing 57.90 percent of the total voting capital.
Before the transaction, the total equity share capital of SG Mart Limited was 12,60,35,200 equity shares, valued at ₹72,60,35,200/-. Following the acquisition and transfer, the company's total capitalization structure was reported as Twelve Crore Sixty Lakhs Thirty Five Thousand Two Hundred only.
SGMART Stock Price Movement
Shares of SG Mart Limited are edging higher to ₹590.85, gaining 0.58%, as of 10:24 AM today. The stock shows strong stability in the current trading session, having moved between a low of ₹584 and a high of ₹592.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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