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 [Showing first 8,000 characters — download PDF for full document]