Vivid Global Industries Ltd. Announces Inter-se Transfer of Shares Among Promoters
Vivid Global Industries Ltd. announced on March 17, 2026, an inter-se transfer of shares among promoters and promoter group members. The transaction involved a gift deed for the transfer of shares.Mr. Sudhir Mody transferred 7,46,004 equity shares, representing 8.17% of the company's share capital, to Mr. Sumish Mody. The aggregate shareholding of the promoters before and after the transfer remains unchanged.
The transaction qualifies for exemption under Regulation 10(1)(a)(i) & Regulation 10(1)(a)(ii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as it involves a transfer between relatives who have been promoters for more than three years. No consideration was paid for the shares.
Shareholding Details
The following table summarizes the shareholding details:
| Before the Transaction | After the Transaction | |
|---|---|---|
| Acquirer(s) and PACs | 0 | 7,46,004 |
| Seller(s) | 7,46,004 | 0 |
| % w.r.t to total share capital | 8.17% | 8.17% |
Source:
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