NSEDisclosure under SEBI Takeover Regulations1d ago · 4 Sept 2026, 04:42 pm
Disclosure under SEBI Takeover Regulations
Advit Jewels Limited · RAMBHAJO
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Abhishek Gilara, a member of the promoter group of Advit Jewels Limited, has submitted a disclosure under SEBI Takeover Regulations for the proposed acquisition of 77,78,430 equity shares through an inter-se transfer of shares in the nature of a gift from his immediate relative, Vipul Gilara. The proposed acquisition represents 16.979% of the total share capital of the company.
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Growth Catalyst2/10
Governance Concern4/10
Regulatory Risk3/10
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Liquidity Impact5/10
Market Sentiment5/10
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Full Announcement
Abhishek Gilara 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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ABHISHEK GILARA
Address:-:31, Kami Nagar, Queens Road, Vaishali Nagar, Jaipur - 302021, Rajasthan,
Date: 0~ · t9j. 2-o.2.-,
To, To,
Company Secretary and Compliance Officer
The Listing Department
ADVIT JEWELS LIMITED
Flat No. 201 and Basement, Pearl Premier, National Stock Exchange of India Ltd.
Plot No. 4, Jamna Lal Bajaj Marg, "Exchange Plaza", C-1, Block G,
C-Scheme, Jaipur - 30200 l,
Bandra Kurla Complex, Bandra (E)
Rajasthan, India
Mumbai - 400 051
The Department of Corporate Services,
BSE Limited,
P.J. Towers, Dalal Street,
Mumbai 400001.
corp.relations@bseindia.com
Sub: Inter-se Transfer of shares among Promoters/Promoter group.
Ref: Intimation cum Disclosure under Regulation 10(5) of SEBI (Substantial Acquisition of Shares
and Takeovers) Regulations, 2011.
Dear Sir/Madam,
In compliance with the provisions of Regulation 10(5) of SEBI (SAST) Regulation, 2011, I Abhishek
Gilara, a member of promoter/promoter group of Company and immediate relative of Mr. Vipul Gilara
residing at 31, Kami Nagar, Queens Road, Vaishali Nagar, Jaipur - 302021, Rajasthan, India wish to
herewith intimate you with regards to the proposed acquisition of Equity Shares of Adv it Jewels Limited
through inter-se transfer of shares in nature of gift from immediate relative.
For your information and record.
For and on Behalf of Acquirer
Abhishek Gilara
Date: O4•0~·.2.o'.J..(:.
Place: Jaipur
Format for Disclosures under Regulation 10(5) - Intimation to Stock Exchanges in respect of
acquisition under Regulation lO(l)(a) of SEBI (Substantial Acquisition of Shares and
Takeovers) Regulations, 2011
1. Name of the Target Company (TC) Advit Jewels Limited
2. Name of the acquirer(s) Abhishek Gilara
3. Whether the acquirer(s) is/ are promoters of the Yes
TC prior to the transaction. If not, nature of Member of Promoter/Promoter Group
relationship or association with the TC or its
promoters
4. Details of the proposed acquisition
a. Name of the person(s) from whom shares are Vipul Gilara
to be acquired
b. Proposed date of acquisition on 10.09.2026 and after
C. Number of shares to be acquired from each 77,78,430
person mentioned in 4(a) above
d. Total shares to be acquired as % of share 16.979%
capital of TC
e. Price at which shares are proposed to be Nil, as the proposed transfer would be by
acquired way of Gift
f. Rationale, if any, for the proposed transfer Transfer of shares by way of gift to the
acquirer in terms of Gift Deed proposed
•o be executed by the Transferor(s) in
favour of the Acquirer
5. Relevant sub-clause of regulation I 0( 1) ( a) under Regulation I 0(l)(a)(i)(ii)
which the acquirer is exempted from making open
offer
6. If, frequently traded, volume weighted average Not Applicable, since proposed transfer
market price for a period of 60 trading days is by way of Gift.
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 proposed transfer
terms of clause (e) of sub-regulation (2) of is by way of Gift.
regulation 8.
8. Declaration by the acquirer, that the acquisition Not Applicable, since proposed transfer
price would not be higher by more than 25% of is by way of Gift.
the price computed in point 6 or point 7 as
applicable.
9. Declaration by the acquirer, that the transferor We hereby declare that the transferor and
and transferee have complied / will comply with ~ransferee have complied / will comply
applicable disclosure requirements in Chapter V ~ith applicable disclosure requirements
of the Takeove .r . Regulations, 2011 111 Chapter V of the Takeover
( corresponding prov1s1ons of the repealed Regulations, 2011 ( corresponding
Takeover Regulations 1997) provisions of the repealed Takeover
Regulations 1997)
10. Declaration by the acquirer that all the conditions We hereby declare that all the conditions
specified under regulation 10( 1) ( a) with respect to specified under regulation 10(1 )(a) with
Exemptions has been duly complied with. respect to exemptions has been duly
complied with
11. Shareholding details Before the After the
proposed proposed
transaction transaction
No.of % w.r.t No.of %w.r.t
shares total shares total
/voting share /voting share
rights capital rights capital
of of TC
a Acquirer(s) and PA Cs (other than sellers)(*) 0 0 7778430 16.979%
b Seller (s) 15748920 34.38% 7970490 17.40%
Note:
• (*) Shareholding of each entity may be shown separately and then collectively in a group.
• The above disclosure shall be signed by the acquirer mentioning date & place. In case,
there is more than one acquirer, the report shall be signed either by all the persons or by a
person duly authorized to do so on behalf of all the acquirers.
For and on Behalf of Acquirer
Abhishek Gilara
Date- £>~· 0.3 · z o 2-'
Place- Jaipur