TIL Investments Completes 34.33% Share Transfer to Paramount Park in Thakral Services

TIL Investments Pvt. Ltd. has completed the transfer of 40,29,200 equity shares representing 34.33% of the paid-up share capital in Thakral Services (India) Limited to Paramount Park Limited on February 16, 2026. The transaction was executed as an off-market inter-se transfer between promoter group entities under SEBI SAST Regulation 29(2). Transaction Overview The share transfer represents a significant internal restructuring within the promoter group of Thakral Services. TIL Investments, registered in Delhi, divested its entire shareholding to fellow promoter group member Paramount Park Limited. Parameter Details Transferor TIL Investments Pvt. Ltd. Acquirer Paramount Park Limited Shares Transferred 40,29,200 equity shares Percentage 34.33% of paid-up share capital Transaction Date February 16, 2026 Mode Off-market inter-se transfer Shareholding Changes The transaction resulted in complete divestment by TIL Investments, which previously held a substantial stake in Thakral Services. Post-transaction, TIL Investments' shareholding reduced to zero. Holding Period TIL Investments Stake Shares Held Before Transfer 34.33% 40,29,200 shares After Transfer 0.00% - Regulatory Compliance TIL Investments filed the mandatory disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, with BSE Limited on February 16, 2026. The disclosure was signed by Kanwaljeet Singh Bawa, Director of TIL Investments (DIN: 00234162), from Bengaluru. Corporate Details TIL Investments Pvt. Ltd. is incorporated in Delhi with CIN U67100DL1986PTC357768 and registered office at F-249 G/F Block No.F, New Rajendra Nagar, Delhi. Thakral Services (India) Limited is listed on BSE Limited under scrip code 509015, with total equity share capital of 1,17,35,080 shares remaining unchanged post-transaction. Broader Promoter Group Restructuring This transfer forms part of a larger promoter group restructuring, with Paramount Park Limited previously acquiring shares from multiple promoter entities. The consolidated effect of these inter-se transfers has resulted in Paramount Park significantly increasing its stake in Thakral Services to 74.00% of the total share capital. Paramount Park Limited has announced a significant inter-se transfer involving the acquisition of 62,29,200 equity shares in Thakral Services (India) Limited, representing 53.08% of the company's paid-up equity capital. The transaction, disclosed under SEBI SAST Regulation 10(5), involves an off-market transfer between promoter group entities. Transaction Details The acquisition involves shares from two existing promoter entities at a uniform price of INR 13.80 per share. The transaction is structured as an inter-se transfer among promoter group members, qualifying for exemption under SEBI regulations. Parameter: Details Total Shares Acquired: 62,29,200 equity shares Percentage of Capital: 53.08% Acquisition Price: INR 13.80 per share Transaction Date: On or after February 12, 2026 Transaction Type: Off-market inter-se transfer Share Transfer Breakdown The acquisition comprises shares from two promoter group entities with different contribution levels: Seller Entity: Shares Transferred Percentage Thakral Investments Holdings (Mauritius) Limited: 22,00,000 18.75% TIL Investments Pvt. Ltd.: 40,29,200 34.33% Total: 62,29,200 53.08% Shareholding Changes The transaction will result in a substantial change in Paramount Park's direct shareholding while maintaining the overall promoter group structure: Entity: Before Transaction After Transaction Paramount Park Limited: 24,55,000 shares (20.92%) 86,84,200 shares (74.00%) Thakral Investments Holdings: 22,00,000 shares (18.75%) - TIL Investments Pvt. Ltd.: 40,29,200 shares (34.33%) - Regulatory Compliance The transaction falls under the exemption provided by Regulation 10(1)(a)(ii) of SEBI SAST Regulations 2011, as it constitutes an inter-se transfer among promoter group members. Paramount Park Limited has declared compliance with all applicable disclosure requirements under Chapter V of the Takeover Regulations 2011. Gurmukh Singh Thakral, Director of Paramount Park Limited, signed the disclosure documents on February 6, 2026, confirming that the aggregate holding of the promoter and promoter group remains unchanged despite the internal restructuring. The company has submitted the requisite disclosure to BSE Limited for Thakral Services (India) Limited, which trades under scrip code 509015. 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. 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