Disha Resources discloses promoter’s acquisition of 244,448 shares (3.34%) via gift
The company reported that promoter Mayadevi Kabra received 244,448 equity shares, representing 3.34% of paid‑up capital, as a gift from her relative Radhadevi Maheshwari, disclosed under SEBI’s takeover rules.
What Disha Resources Ltd announced
Disha Resources Limited (BSE: 531553, ISIN INE193D01019) filed a disclosure on 24 June 2026 stating that its promoter, Ms. Mayadevi Krishnavtar Kabra, received 244,448 equity shares of the company. The shares represent 3.34% of the paid‑up share capital and were transferred as a gift, without any consideration from Ms. Radhadevi Premnarayan Maheshwari, who is an immediate relative of the promoter.
The transaction was executed through an off‑market inter‑se transfer and is reported under SEBI Regulation 29(1).
Details of the share transfer
- Shares transferred: 244,448 equity shares
- Percentage of capital: 3.34%
- Transferor: Ms. Radhadevi Premnarayan Maheshwari (immediate relative of the promoter)
- Transferee: Ms. Mayadevi Krishnavtar Kabra (promoter of Disha Resources)
- Consideration: None (gift)
- Mode of transfer: Off‑market inter‑se (off‑exchange) transaction
- Date of letter to BSE: 23 June 2026
- Filing timestamp: 24 June 2026, 05:33:44 UTC
The disclosure references Regulation 29(1) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, which requires any person acquiring 1% or more of a listed company's paid‑up share capital to inform the stock exchange.
Regulatory background
SEBI’s takeover regulations aim to ensure transparency when significant shareholdings change hands. Under Regulation 29(1), any acquisition of 1% or more of a listed entity’s paid‑up capital must be disclosed to the exchange within a stipulated period. The filing satisfies this requirement, providing the exchange with details of the parties, the number of shares, and the nature of the transaction (gift, no consideration).
Key facts at a glance
| Detail | Value |
|---|---|
| Company | Disha Resources Ltd |
| BSE Code / ISIN | 531553 / INE193D01019 |
| Promoter acquiring shares | Mayadevi Krishnavtar Kabra |
| Shares acquired | 244,448 |
| % of paid‑up capital | 3.34 % |
| Transferor | Radhadevi Premnarayan Maheshwari (relative) |
| Consideration | Gift (no cash) |
| Mode of transfer | Off‑market inter‑se transfer |
| Filing date | 24 June 2026 |
| Regulation cited | SEBI Reg. 29(1) (Takeover) |
Why this matters for investors
The share transfer does not alter the total number of shares outstanding, so there is no dilution of existing shareholders’ equity. However, it increases the promoter’s holding by 3.34%, potentially strengthening the promoter’s voting power and influence over corporate decisions. The disclosure also demonstrates the company’s compliance with SEBI’s takeover rules, which is a positive signal of regulatory adherence.
Conclusion
Disha Resources has formally disclosed that promoter Mayadevi Kabra was gifted 244,448 shares (3.34% of capital) by her relative, Radhadevi Maheshwari, in an off‑market transaction. The filing satisfies SEBI’s Reg‑29 requirement, and while the move does not affect the share count, it does raise the promoter’s stake, a fact investors may wish to note when assessing control dynamics.
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