SAR Auto Products Promoter Shreyas Virani Sells 2,951 Shares in Open Market Transactions

SAR Auto Products promoter Shreyas Rameshbhai Virani has disclosed the sale of equity shares through open market transactions, as per regulatory filing submitted to BSE on March 27, 2026. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011.

Transaction Details

Virani, who serves as Promoter and Whole-Time Director (DIN: 00465240), sold a total of 2,951 equity shares across two trading sessions:

Transaction Date: Shares Sold March 25, 2026: 1,501 March 27, 2026: 1,450 Total: 2,951

Shareholding Pattern Changes

The share sale resulted in a marginal reduction in Virani's individual shareholding in the company:

Parameter: Before Sale After Sale Change Shares Held: 1,312,900 1,309,949 -2,951 Percentage Holding: 27.55% 27.49% -0.06%

Promoter Group Holdings

The promoter group includes persons acting in concert alongside Shreyas Virani:

Mr. Rameshbhai D Virani (Promoter): 0 shares (0.00%)

Mrs. Rajeshree R Virani (Promoter Group): 872,510 shares (18.31%)

Ms. Urvi S Virani (Promoter Group): 1,366,631 shares (28.68%)

The collective promoter group holding decreased from 3,552,041 shares (74.55%) to 3,549,090 shares (74.49%) following the transaction.

Company Share Capital

SAR Auto Products Limited maintains a total equity share capital of ₹4,76,47,400, comprising 4,764,740 equity shares of ₹10 each. The company's shares are listed on the Bombay Stock Exchange (BSE). The share capital structure remained unchanged following these transactions, with the sales representing existing shareholding transfers in the open market.

Sar auto products Limited's promoter Shreyas Rameshbhai Virani has filed an official regulatory disclosure under SEBI regulations for his recent equity share sale. The promoter and Whole-Time Director sold 2,000 shares through open market transactions on March 19-20, 2026, as detailed in the formal disclosure submitted to BSE.

Official Regulatory Filing

The disclosure was submitted under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. Virani, serving as Promoter and Whole-Time Director with DIN 00465240, executed the share sale over two consecutive trading days in March 2026.

Transaction Details: Information Sale Date 1: March 19, 2026 (490 shares) Sale Date 2: March 20, 2026 (1,510 shares) Total Shares Sold: 2,000 Mode of Sale: Open Market Percentage Sold: 0.04%

Updated Shareholding Structure

Following the transaction, Shreyas Virani's individual shareholding decreased from 27.60% to 27.56%. The promoter group's collective holding also declined from 74.59% to 74.55%.

Shareholding Summary: Before Sale After Sale Change Shreyas R. Virani: 1,314,900 shares (27.60%) 1,312,900 shares (27.56%) -2,000 shares (-0.04%) Promoter Group Total: 3,554,041 shares (74.59%) 3,552,041 shares (74.55%) -2,000 shares (-0.04%)

Promoter Group Composition

The promoter group includes several family members acting in concert, with their shareholdings remaining unchanged during this transaction period.

Promoter Group Members: Shareholding Rameshbhai D Virani (Promoter): 0 shares (0.00%) Rajeshree R Virani (Promoter Group): 872,510 shares (18.31%) Urvi S Virani (Promoter Group): 1,366,631 shares (28.68%)

Company Information

SAR Auto Products Limited is listed on the Bombay Stock Exchange with ISIN INE002E01010. The company maintains a total equity share capital of ₹4.76 crore, comprising 4,764,740 equity shares of ₹10 each. The regulatory disclosure was addressed to BSE Limited at Dalal Street, Fort Mumbai, ensuring compliance with substantial acquisition regulations.

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