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  3. Gujarat Intrux Promoter Acquires Additional Stake Through Inheritance
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India IPO
  • 19 Mar 2026
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 Gujarat Intrux Promoter Acquires Additional Stake Through Inheritance

Gujarat Intrux Limited disclosed a substantial share acquisition by promoter Mr. Ramankumar Devjibhai Sabhaya under SEBI Regulation 29. The promoter acquired 104,451 shares (3.04%) through transmission/inheritance on March 17, 2026, increasing his total holding from 101,071 shares (2.94%) to 205,522 shares (5.98%). The company's equity capital remains unchanged at 34,35,300 shares of Rs 10 each, totaling Rs 3,43,53,000.

Gujarat Intrux Promoter Acquires Additional Stake Through Inheritance

Gujarat Intrux Limited has announced a substantial acquisition disclosure involving promoter Mr. Ramankumar Devjibhai Sabhaya under SEBI Regulation 29. The transaction represents a significant increase in the promoter's shareholding through inheritance or transmission.

Acquisition Details

The promoter acquired 104,451 shares through transmission/inheritance on March 17, 2026. This acquisition method indicates the shares were transferred through legal succession rather than market purchase.

Parameter Details Acquisition Mode Through Transmission/inheritance Date of Acquisition March 17, 2026 Shares Acquired 104,451 Percentage Acquired 3.04%

Shareholding Changes

The acquisition resulted in a substantial increase in Mr. Sabhaya's shareholding in Gujarat Intrux Limited. His total holding has nearly doubled following this transaction.

Shareholding Position Before Acquisition After Acquisition Change Number of Shares 101,071 205,522 +104,451 Percentage Holding 2.94% 5.98% +3.04% Voting Rights 2.94% 5.98% +3.04%

Company Capital Structure

The company's equity share capital structure remained unchanged following this acquisition. Gujarat Intrux Limited maintains its existing capital base without any dilution.

Capital Details Amount Total Equity Shares 34,35,300 Face Value per Share Rs 10 Total Share Capital Rs 3,43,53,000 Stock Exchange Listing BSE Limited

Regulatory Compliance

The disclosure was filed on March 19, 2026, in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing includes both Regulation 29(1) and 29(2) formats, providing comprehensive details of the acquisition and post-acquisition shareholding pattern.

The transaction confirms Mr. Ramankumar Devjibhai Sabhaya's status as a promoter of Gujarat Intrux Limited, with his increased shareholding strengthening his position in the company's ownership structure.

Gujarat Intrux Limited has announced an interim dividend of 75% for the financial year 2025-26, marking a significant reward for its shareholders. The steel and alloy steel casting manufacturer's Board of Directors approved this decision during their meeting held on March 19, 2026.

Board Meeting Details

The Board meeting was conducted at the company's registered office located at Survey No.84/P 17 K.M.Rajkot-Gondal Highway Village Shapar Taluka Kotda Sangani Rajkot. The meeting commenced at 11:00 a.m. and concluded at 12:41 P.M. on Thursday, March 19, 2026.

Meeting Details: Information Date: March 19, 2026 Start Time: 11:00 a.m. End Time: 12:41 P.M. Venue: Registered Office, Rajkot

Dividend Declaration

The Board of Directors considered and approved an interim dividend at the rate of 75%, which translates to Rs. 7.5 per equity share. This dividend applies to equity shares with a face value of Rs. 10 each for the financial year 2025-2026.

Dividend Parameters: Details Dividend Rate: 75% Amount per Share: Rs. 7.5 Face Value: Rs. 10 per share Financial Year: 2025-2026 Record Date: March 25, 2026

Record Date and Eligibility

Shareholders looking to benefit from this interim dividend should note that the record date has been set for Wednesday, March 25, 2026. Only members whose names appear in the company's records on this date will be eligible to receive the interim dividend payment.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 and other applicable regulations of the Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements) Regulations, 2015. The company had previously intimated the stock exchange about the board meeting through a letter dated March 9, 2026.

This dividend declaration demonstrates Gujarat Intrux Limited's strong financial position and its commitment to delivering value to shareholders during the current financial year.

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