Viaz Tyres Limited Announces Share Transfer via Gift
Viaz Tyres Limited announced a transfer of shares on March 23, 2026, as disclosed to the National Stock Exchange (NSE) in accordance with SEBI’s Substantial Acquisition of Shares and Takeovers (SAST) Regulations. Rajesh Prabhudas Patel acquired 1,57,900 equity shares through a gift, representing a 1.10% stake in the company.The transaction, valued at no consideration, qualifies as an inter-se transfer among members of the promoter group and is exempt under Regulation 10(1)(a)(ii) of the SEBI (SAST) Regulations. A prior disclosure under Regulation 10(5) was made to the NSE on February 21, 2026.
The shares were transferred from Mr. Natvarbhai Chandubhai Patel on March 19, 2026.
Shareholding Details
The shareholding details are presented below:
| Shareholder | Pre-Transaction Shares Held | Percentage of Total Share Capital | Post-Transaction Shares Held | Percentage of Total Share Capital |
|---|---|---|---|---|
| Rajesh Prabhudas Patel | 13,25,250 | 9.26% | 14,83,150 | 10.37% |
| Mr. Natvarbhai Chandubhai Patel | 8,37,900 | 5.86% | 6,80,000 | 4.75% |
The company noted that shareholding for each entity may be shown separately and then collectively in a group.
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