NSEDisclosure under SEBI Takeover Regulations4d ago · 1 Sept 2026, 06:46 pm

Disclosure under SEBI Takeover Regulations

Sanghvi Movers Limited · SANGHVIMOV

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Maithili Rishi Sanghvi, a promoter of Sanghvi Movers Limited, has submitted a disclosure under SEBI Takeover Regulations for the proposed acquisition of 1,05,53,614 equity shares from her husband, Rishi Sanghvi, by way of gift, representing 12.19% of the company's share capital.

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 Maithili Rishi Sanghvi has Submitted to the Exchange a copy of Disclosure under Regulation 10 (5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.           

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To, To, The Manager, The Manager, Lis/ng Department Lis/ng Department BSE Limited Na/onal Stock Exchange of India Limited Scrip Code: 530073 Symbol: SANGHVIMOV Dear Sir/Madam Sub: Prior In3ma3on under Regula3on 10(5) of Securi3es and Exchange Board of India (Substan3al Acquisi3on of Shares and Takeovers) Regula3ons, 2011 for proposed acquisi3on of shares by way of giN. Ref: Target Company: Sanghvi Movers Limited ISIN: INE989A01032 Please find enclosed herewith prior in/ma/on via disclosures as required under Regula/on 10(5) of SEBI (SAST) Regula/ons, 2011 for acquisi/on of 1,05,53,614 (One Crore Five Lakh FiZy Three Thousand Six Hundred Forten Equity Shares) of the Company by way of promoters' inter-se transfer amongst immediate rela/ves of the Company in the following manner: Proposed date of Name of the Name of the Rela/onship with No. of shares transfer Person belonging Person belonging the proposed to be to Promoter to Promoter Transferor/Seller acquired/disposed Group- Group- Transferor/Seller Transferee / Acquirer On or before Mr. Rishi C Mrs. Maithili Spouse 1,05,53,614 September 08, Sanghvi Rishi Sanghvi 2026 Kindly take the same on record and acknowledge the receipt. Thanking you, Yours sincerely, Maithili Rishi Sanghvi Promoter Group Sanghvi Movers Limited Format for Disclosures under Regulation 10(5) – Intimation to Stock Exchanges in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 1. Name of the Target Company (TC) S anghvi Movers Limited 2. Name of the acquirer(s) M rs. Maithili Rishi Sanghvi 3. Whether the acquirer(s) is/ are promoters of the T he acquirer is an immediate relative of TC prior to the transaction. If not, nature of the transferor/donor and member of relationship or association with the TC or its Promoter Group promoters 4. Details of the proposed acquisition a. N ame of the person(s) from whom shares are Mr. Rishi Sanghvi to be acquired b. P roposed date of acquisition o n or after September 08, 2026 c. N umber of shares to be acquired from each 1 ,05,53,614 Equity shares held by Mr. Rishi Sanghvi in the TC will be acquired by his spouse Mrs. Maithili person mentioned in 4(a) above Sanghvi d. T otal shares to be acquired as % of share A cquirer will acquire 12.19% of shares of TC held by capital of TC Mr. Rishi Sanghvi pursuant to Gift Deed e. P rice at which shares are proposed to be N il, since proposed off market Inter-se transfer of shares will be by way of Gift therefore no acquired consideration is involved. f. R ationale, if any, for the proposed transfer T he Proposed Acquisition is only a private family arrangement 5. Relevant sub-clause of regulation 10(1)(a) under R egulation 10(1)(a)(i) and 10(1)(a)(ii) of the which the acquirer is exempted from making open SEBI (SAST) Regulations, 2011 offer 6. If, frequently traded, volume weighted average Nil, since proposed off market Inter-se transfer of market price for a period of 60 trading days shares will be by way of Gift pursuant to execution of Gift Deed therefore no consideration is involved. preceding the date of issuance of this notice as traded on the stock exchange where the maximum volume of trading in the shares of the TC are recorded during such period. 7. If in-frequently traded, the price as determined in Not Applicable, since no consideration is terms of clause (e) of sub-regulation (2) of involved as the proposed transfer of shares is by way of Gift regulation 8. 8. Declaration by the acquirer, that the acquisition Not Applicable, since no consideration is price would not be higher by more than 25% of involved as the proposed transfer of shares is by way of Gift the price computed in point 6 or point 7 as applicable. 9. Declaration by the acquirer, that the transferor The acquirer confirms that the transferor and and transferee have complied / will comply with transferee have complied/ will comply with applicable disclosure requirements applicable disclosure requirements in Chapter V of the Takeover Regulations, 2011 (corresponding provisions of the repealed Takeover Regulations 1997) 10. Declaration by the acquirer that all the conditions It is hereby declared and confirmed that all the specified under regulation 10(1)(a) with respect to conditions specified under Regulations 10(i)(a)(i) of the SEBI SAST Regulations with respect to exemptions has been duly complied with. exemptions have been duly complied with.