BSEInsider Trading / SAST6d ago · 14 Aug 2026, 10:52 am
The Exchange has received the disclosure under Regulation 10(7) in respect of acquisition under Regulation 10(1)(a)(ii)of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....
Parnax Lab Ltd · 506128
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Parnax Lab Ltd has received a disclosure under Regulation 10(7) of SEBI (SAST) Regulations, 2011, regarding the acquisition of 361,872 equity shares by Prakash Mahasukhlal Shah, a promoter and member of the promoter group, from Ila B. Shah, another promoter, through a gift. The acquisition is exempt under Regulation 10(1)(a)(ii) as it is an inter-se transfer within the promoter group.
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Parnax Lab Ltd - 506128 - Disclosures under Reg. 10(7) of SEBI (SAST) Regulations, 2011
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From:
Name: Prakash Mahasukhlal Shah
Address: 21st Floor, B2 Wing,
Sumer Trinity No.2,
New Prabhadevi Road, Mumbai – 400025
Date: August 13, 2026
To, To,
Department of Corporate Services, The Board of Directors,
Bombay Stock Exchange, Company Secretary and Compliance Officer,
Phiroze Jeejeebhoy Tower, PARNAX LAB LIMITED
Dalal Street, 114, Bldg. No. 8, Jogani Industrial Complex,
Mumbai-400 001. Chunabhatti, Mumbai – 400022.
Subject: Intimation of report under regulation 10(7) of SEBI (Substantial Acquisition of Shares and
Takeovers), Regulations, 2011 for acquisition of equity shares by way of inter-se transfer
/ gift.
REF: PARNAX LAB LIMITED, BSE Script code: 506128, ISIN: INE383L01019.
Dear Sir / Madam,
Further to my intimation under Regulation 10(5), 10(6) of the SEBI (Substantial Acquisition of Shares and
Takeovers), Regulations, 2011 for acquisition of 3,61,872 (Three Lakhs Sixty-One Thousand Eight Hundred
Seventy-Two) equity shares of PARNAX LAB LIMITED (“Company”) from Ms. Ila B. Shah, promoter, by way
of inter-se transfer through gift, I, Prakash Shah, acquirer belongs to Promoter / Promoter Group of the
Company, hereby submit report as required under Regulation 10(7) of the SEBI (Substantial Acquisition of
Shares and Takeovers), Regulations, 2011 for below inter-se transfer through gift:
Date of Name of the Transferor / Name of the Transferee / No. of equity
transaction Donor promoter and also an Donee, acquirer belongs to shares
immediate relative Promoter / Promoter Group transferred
July 20, 2026 Ms. Ila Shah, Promoter of the Mr. Prakash Shah, Promoter of 3,61,872 (Three
Company the Company Lakhs Sixty-One
Thousand Eight
Hundred
Seventy-Two)
Please note that (a) the above-mentioned transaction, being inter-se transfer through gift amongst Promoter
and Promoter Group, falls within the exemption as provided under Regulation 10(1)(a)(ii) of the SEBI
(Substantial Acquisition of Shares and Takeovers), Regulations, 2011; and (b) post proposed inter-se
transfer the shareholding of the Promoter and Promoter Group shall remain same.
Accordingly, the necessary report under regulation 10(7) of the SEBI (Substantial Acquisition of Shares and
Takeovers), Regulations, 2011 as submitted with SEBI on August 13, 2026, in the prescribed format along
with acknowledgement of payment of fees with SEBI and requisite documents are enclosed for your ready
reference and records.
Kindly take the same on records and acknowledge the receipt of the same.
Thanking You,
Yours faithfully,
Prakash Mahasukhlal Shah
Acquirer
Format under Regulation 10(7) - Report to SEBI in respect of any acquisition made in reliance upon
exemption provided for in regulation 10(1)(a)(ii) of SEBI (Substantial Acquisition of Shares and
Takeovers) Regulations, 2011
1 General Details
a Name, address, telephone no., e-mail of Name: Prakash Mahasukhlal Shah
acquirer (s) {In case there are multiple
acquirers, provide full contact details of any Address: 21st Floor, B2 Wing, Sumer Trinity No. 2, New
one acquirer (the correspondent acquirer) Prabhadevi Road, Mumbai – 400025
with whom SEBI shall correspond.}
Tel. No.: 02268252525
e-Mail ID: prakashmshah44@gmail.com
b Whether sender is the acquirer (Y/N) Yes
c If not, whether the sender is duly Not Applicable because sender is acquirer.
authorized by the acquirer to act on his
behalf in this regard (enclose copy of such
authorization)
d Name, address, Tel no. and e-mail of the Not Applicable because sender is acquirer.
sender, if sender is not the acquirer
2 Compliance of Regulation 10(7)
a Date of report August 13, 2026
b Whether report has been submitted to SEBI Yes
within 21 working days from the date of the
acquisition
c Whether the report is accompanied with Yes - Proof is attached as Annexure.
fees as required under Regulation 10(7)
3 Compliance of Regulation 10(5)
a Whether the report has been filed with the Yes – Proof is attached as Annexure.
Stock Exchanges where the shares of the
Company are listed, at least 4 working days
before the date of the proposed acquisition
b Date of Report June 25, 2026
4 Compliance of Regulation 10(6)
a Whether the report has been filed with the Yes - Proof is attached as Annexure.
Stock Exchanges where the shares of the
Company are listed within 4 working days
after the date of the proposed acquisition
b Date of Report July 24, 2026
5 Details of the Target Company (TC)
a Name & address of TC Name: PARNAX LAB LIMITED
Address: 114, Bldg. No. 8, Jogani Industrial Complex,
Chunabhatti, Mumbai – 400022.
b Name of the Stock Exchange(s) where the BSE Limited
shares of the TC are listed
6 Details of the acquisition
a Date of acquisition July 20, 2026
b Acquisition price per share (in INR) Not Applicable, because it is off market inter-se transfer
by way of gift within Promoter / Promoter Group in
pursuant to R. 10(1)(a)(ii) of SEBI (Substantial
Acquisition of Shares and Takeovers) Regulations, 2011
“Takeover Regulations, 2011”.
c Regulation which would have been Regulation 3(2) of Takeover Regulations, 2011.
triggered an open offer, had the report not
been filed under Regulation 10(7).
(Whether Regulation 3(1), 3(2), 4 or 5
d Shareholding of acquirer(s) and PAC Before the acquisition After the acquisition
individually in TC (in terms of no. & as a No. of % w.r.t. No. of % w.r.t.
percentage of the total share/voting capital Shares total Shares total
of the TC)(*) share share
capital of capital of
TC TC
Name of the acquirer(s) / PAC (**)
Prakash Mahasukhlal Shah 12,01,676 10.46 15,63,548 13.61
e Shareholding of seller/s in TC (in terms of Before the acquisition After the acquisition
no. & as a percentage of the total No. of % w.r.t. No. of % w.r.t.
share/voting capital of the TC) Shares total Shares total
share share
capital of capital of
TC TC
Name of the seller(s) (**)
Ila B. Shah 13,61,872 11.86 10,00,000 8.71
7 Information specific to the exemption
category to which the instant
acquisition belongs- Regulation
10(1)(a)(ii)
a Provide the names of the seller(s) Ms. Ila B. Shah
b Specify the relationship between the Seller is Wife of Brother of the Acquirer.
acquirer(s) and the seller(s).
c Confirm whether the acquirer(s) and the The Acquirer and the Seller are not ‘immediate relatives’
seller(s) are ‘immediate relatives’ as as defined in the Regulation 2(l). However, the Acquirer
defined in the Regulation 2(l). and the Seller are Promoters of the Company.
d If shares of the TC are frequently traded, Not Applicable, because the interse transfer is between
volume-weighted average market price the Promoter and Promoter Group.
(VWAP) of such shares for a period of sixty
trading days preceding the date of
issuance of notice regarding the proposed
acquisition to the stock exchanges where
the TC is listed
e If the shares of the TC are infrequently Not Applicable, because the interse transfer is between
traded, the price of such shares as the Promoter and Promoter Group.
determined in terms of clause (e) of sub-
regulation (2) of regulation 8.
f Confirm whether the acquisition price per Not Applicable, because the interse transfer is between
share is not higher by more than twenty- the Promoter and Promoter Group.
five percent of the price as calculated in (d)
or (e) above as applicable.
g Date of issuance of notice regarding the June 25, 2026
proposed acquisition to the stock
exchanges where the TC is listed.
h Whether the acquirers as well as sellers Yes
have complied with the provisions of
Chapter V of the Takeover Regulations
(corresponding provisions of the repealed
Takeover Regulations 1997) (Y/N).
If yes, specify applicable regulation(s) as
well as date on which the requisite
disclosures were made along with the Regulation 29(1) and 29(2) of Takeover Regulations,
copies of the same. 2011.
Regulation 7(2) and 7(3) of the SEBI (Prohibition of
Insider Trading) Regulations, 2015.
Copies of disclosures submitted in aforesaid Regulations
are attached as Annexure III, IV and V, respectively.
i Declaration by the acquirer th
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