Transwarranty finance has announced a significant transfer of equity shares by its promoter Mr. Kumar Nair, who has gifted 12,00,000 fully paid-up equity shares to 11 different transferees. The company informed both NSE and BSE about this transaction under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
Share Transfer Details
The gift transactions involved multiple recipients with varying share allocations. The transfer breakdown shows a structured distribution pattern across family members and associates.
Transferee Name Shares Received Indiradevi 2,50,000 Anitha Plakkot 2,50,000 Jayachandran K 2,50,000 Sheila Satish Divakaran 2,50,000 K J Abraham 50,000 Kallyani Kutty Shreedharan 25,000 Sindhu Manikkoth 25,000 Malini Prakash Nair 25,000 Mini Prakash Menon 25,000 K Unnikrishnan & Vasanta Unnikrishnan 25,000 Ramachandran Unnikrishnan 25,000 Total 12,00,000
Regulatory Classification
Pursuant to Regulation 31 A(6) of the SEBI Listing Regulations, all recipients of the gifted shares will be classified under the Promoter/Promoter Group category of the company. This regulatory requirement ensures proper categorization of shareholding patterns and maintains transparency in promoter group holdings.
Impact on Shareholding Pattern
The company has confirmed that the shareholding pattern for the quarter and year ended March 31, 2026, will be updated to reflect the revised shareholding under the Promoter and Promoter Group category. This transfer represents an internal restructuring within the promoter group rather than a dilution of promoter holdings.
The notification was signed by Company Secretary and Compliance Officer Suhas Borgaonkar, and the complete details are available on the company's website at www.transwarranty.com .
Vertex Securities Limited has notified stock exchanges about the transmission of shares from a deceased promoter group member to her legal heir, following regulatory compliance under SEBI listing obligations.
Share Transmission Details
The company received intimation on February 23, 2026, regarding the transmission of shares held by a deceased member of the promoter group. The transmission involves the transfer of equity shares to the legal heir as per succession laws.
Parameter: Details Deceased Member: Late Smt C D Padmini Devi Legal Heir: Ms. Sheila Satish Divakaran Fully Paid-up Shares: 2,50,000 Partly Paid-up Shares: 0 Intimation Date: February 23, 2026
Promoter Group Changes
Following this transmission and in accordance with Regulation 31A(6) of the SEBI Listing Regulations, significant changes will occur in the promoter group composition. Late Smt C D Padmini Devi will cease to be part of the promoter group, while Ms. Sheila Satish Divakaran will now become part of the promoter group of the company.
The updated promoter and promoter group shareholding will be reflected in the shareholding pattern for the quarter ended March 31, 2026. This change represents a succession within the existing promoter group structure rather than an external acquisition.
Regulatory Compliance
The company has made this disclosure pursuant to Regulation 30 and 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. However, the disclosure is being made on a voluntary basis since the transmission does not trigger specific disclosure requirements under Regulation 29 of the SEBI (SAST) Regulations, 2011.
The transmission also does not materially impact the shareholding or control of the company under Regulation 30 of the Listing Regulations. The company has confirmed that complete details are available on its official website at www.vertexbroking.com for stakeholder reference.
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