Solitaire Machine Tools Limited disclosed an inter-se transfer of 15,000 equity shares (0.33%) between promoters Mr. Ashok Jivarajbhai Sheth and Mrs. Swati Hemendra Badani on March 17, 2026. The transaction was executed through an off-market deal and reported under SEBI regulations. The transfer maintains shares within the promoter group while ensuring regulatory compliance through proper disclosure procedures.

Solitaire Machine Tools Announces Inter-se Transfer of 15,000 Equity Shares Between Promoters

Solitaire Machine Tools Limited has announced an inter-se transfer of equity shares between its promoters, filing the mandatory regulatory disclosure with the stock exchange. The transaction represents a routine internal transfer within the promoter group while maintaining compliance with securities regulations.

Transaction Details

The share transfer involved specific parameters that highlight the scope and nature of the transaction:

Parameter: Details Shares Transferred: 15,000 equity shares Percentage of Total Equity: 0.33% Transfer Date: March 17, 2026 Transaction Method: Off-market deal Transfer Type: Inter-se transfer between promoters

Parties Involved

The transaction involved two key promoters of the company. Mr. Ashok Jivarajbhai Sheth, serving as a promoter of Solitaire Machine Tools Limited, transferred his shareholding to Mrs. Swati Hemendra Badani, who is also a promoter of the company. This inter-se transfer maintains the shares within the promoter group while redistributing ownership among the existing promoter entities.

Regulatory Compliance

The company filed the disclosure under Regulation 7(2) of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. This regulation mandates that companies disclose certain transactions involving promoters and other designated persons to ensure transparency in the securities market. The disclosure was submitted in Form C, which is the prescribed format for such notifications.

Corporate Information

Solitaire Machine Tools Limited operates with its registered office and Plant II located at A-24/25, Krishna Industrial Estate, Near B.I.D.C., Gorwa, Vadodara – 390 016, Gujarat. The company also maintains Plant I at 292, Dharamsinh Desai Marg, Chhani Road, Vadodara-390 024, Gujarat. The disclosure was signed by Reshma Kiri, who serves as the Company Secretary and Compliance Officer, ensuring proper corporate governance procedures were followed in the filing process.

Solitaire Machine Tools Limited has announced the appointment of Ms. Reshma Kiri as Company Secretary and Compliance Officer, effective December 11, 2025. The company informed BSE Limited about this key managerial personnel change on December 23, 2025, in accordance with regulatory requirements.

Appointment Details

The appointment was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's communication to BSE was signed by Hemandra Jayantilal Badani, Vice Chairman & Managing Director (DIN: 0143330).

Parameter: Details Appointee: Ms. Reshma Kiri Position: Company Secretary and Compliance Officer Effective Date: December 11, 2025 ICSI Membership: A54902 Experience: Three years in Secretarial and Compliance Educational Qualification: Bachelor of Commerce (B.Com)

Professional Background

Ms. Reshma Kiri is an Associate Member of the Institute of Company Secretaries of India (ICSI) with membership number A54902. She brings three years of specialized experience in secretarial and compliance functions to her new role. In addition to her professional qualifications as a Company Secretary, she holds a Bachelor of Commerce degree.

Regulatory Compliance

The appointment disclosure was made in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. The company has provided all required details regarding the change in key managerial personnel as mandated by regulatory guidelines.

Company Information

Solitaire Machine Tools Limited operates with its registered office and Plant II located at A-24/25, Krishna Industrial Estate, Near B.I.D.C., Gorwa, Vadodara – 390 016, Gujarat. The company also maintains Plant I at 292, Dharamsinh Desai Marg, Chhani Road, Vadodara-390 024, Gujarat. The company trades on BSE under the scrip code 522152 with the scrip name SOLIMAC.

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