SG Mart Ltd Sees Significant Promoter Share Transfer Following Equity Gift
SG Mart Ltd has undergone a substantial internal change in its shareholder composition, following an inter-se transfer of equity shares by gift amongst the company's promoters and their immediate relatives. This transaction resulted in Mr. Sanjay Gupta acquiring a significant portion of the company’s stock through this gifting mechanism.On June 16, 2026, the share acquisition was finalized, where Mr. Sameer Gupta transferred 4,42,00,000 equity shares to Mr. Sanjay Gupta by way of gift. This transaction now accounts for 35.07% of the total shareholding in SG Mart Ltd.
The details of this specific transfer are as follows:
| Date of Transaction | Transferor/Donor (Promoter) | Transferee/Donee (Immediate Relative) | Number of Equity Shares Transferred | Shareholding Percentage |
|---|---|---|---|---|
| June 16, 2026 | Mr. Sameer Gupta | Mr. Sanjay Gupta | 4,42,00,000 | 35.07% |
The transfer, which was conducted as a gift under the qualifying exemption for immediate relatives, has consequently redefined the promoter structure of SG Mart Ltd. The total shareholding attributed to the Promoter Group now stands at 57.90%.
Following this transaction, the composition of the Promoters and Promoter Group of SG Mart Ltd is detailed below:
| Name | Category | No. of Shares Held | Shareholding Percentage |
|---|---|---|---|
| Mr. Dhruv Gupta | Promoter | 15,00,000 | less than 1% |
| Mrs. Meenakshi Gupta | Promoter | Nil | Nil |
| Mr. Sameer Gupta | Promoter | Nit shares | Nit % |
| Mr. Sanjay Gupta | Promoter | 4,42,00,000 | 35.07% |
| Mrs. Neera Gupta | Promoter Group | 1,16,000 | 8.85% |
| Mr. Rohan Gupta | Promoter Group | 1,12,00,000 | 8.89% |
| Mr. Vinay Gupta | Promoter Group | 4,00,000 | 0.32% |
| S Gupta Holding Private Limited | Promoter Group | 45,15,000 | 3.58% |
| Total | Promoter Group | 7,29,75,000 | 57.90% |
SGMART Stock Price Movement
Shares of SG Mart Limited are edging higher to ₹590.85 as of 10:29 AM today, rising 0.58% in live trading. The stock is currently trading within its day's range, moving 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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