Mahip Industries Promoters Complete 9.5 Lakh Share Transfer Under SEBI Rules

Mahip Industries Limited has disclosed a significant share transfer between promoters, with Mamta Rajiv Agrawal acquiring 9.5 lakh equity shares from promoter Rajiv Govindram Agrawal through an off-market transaction. The acquisition was executed on March 12, 2026, and disclosed to BSE Limited on March 13, 2026, in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Share Transfer Details The off-market transaction involved the acquisition of 9,50,000 equity shares by Mamta Rajiv Agrawal, representing 4.94% of the company's total share capital. This inter-promoter transfer significantly altered the shareholding pattern within the promoter group. Parameter: Mamta's Holdings Rajiv's Holdings Transaction Details Before Transaction: 2,78,528 shares (1.45%) 1,01,05,136 shares (52.52%) - After Transaction: 12,28,528 shares (6.39%) 91,55,136 shares (47.58%) - Shares Transferred: +9,50,000 -9,50,000 4.94% Transaction Date: March 12, 2026 March 12, 2026 Off Market Regulatory Compliance The disclosure was submitted by Mamta Rajiv Agrawal pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Rajiv Govindram Agrawal, in his capacity as Whole-Time Director (DIN: 01922581), filed the required format with BSE Limited on behalf of the company, providing comprehensive details of the shareholding changes as mandated under substantial acquisition disclosure norms. Company Share Capital Structure Mahip Industries Limited maintains an equity share capital of Rs. 19,23,99,840 divided into 1,92,39,984 equity shares of Rs. 10 each. The share capital structure remained unchanged following this transfer transaction, with only the ownership pattern within the promoter group being affected. Company Background Mahip Industries Limited, formerly known as Care Corupack Limited, is listed on BSE with scrip code 542503. The company's registered office and manufacturing unit are located at Survey No. 127, Jalalpur (G), Dholka Bagodara Highway, Tal. Dholka Dist Ahmedabad, while its corporate office operates from Safal Solitair, Makarba, S.G. Road, Ahmedabad. Mahip Industries Limited, a company listed on the BSE SME platform, has reported a significant change in its promoter shareholding. According to a recent disclosure, Rajeev Govindram Agrawal HUF, a promoter of the company, has reduced its stake through open market transactions. Key Details of the Transaction Aspect Details Promoter Rajeev Govindram Agrawal HUF Transaction Type Open Market Sale Number of Shares Sold 2,00,000 equity shares Date of Transaction December 4, 2025 Initial Shareholding 11.43% Final Shareholding 10.39% Change in Shareholding Decrease of 1.04% Impact on Ownership Structure The sale has resulted in a reduction in the promoter's stake in Mahip Industries Limited. This transaction has decreased the shareholding of Rajeev Govindram Agrawal HUF from 11.43% to 10.39%, representing a decline of 1.04 percentage points in the company's ownership structure. Regulatory Compliance This disclosure aligns with the regulatory requirements set by the Securities and Exchange Board of India (SEBI). Under SEBI regulations, promoters are required to disclose changes in their shareholding that exceed certain thresholds, ensuring transparency in the market and keeping investors informed about significant ownership changes. Market Implications While the reasons behind the sale have not been disclosed, such transactions by promoters may attract investor attention. Market participants might monitor further developments to assess any potential impact on the company's future direction or performance. Investors and stakeholders of Mahip Industries Limited are advised to keep track of any additional disclosures or announcements from the company that may provide more context to this transaction. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians. As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.