Abhinav Capital Services Limited has completed an inter-se transfer of shares within its promoter group. Kailash Hardattrai Biyani transferred a total of 9,55,631 equity shares, representing 13.80% of the company’s paid-up capital, as a gift to his brothers, Bharat Hardattrai Biyani and Vinod Hardattrai Biyani. This transaction, conducted without consideration, alters the individual shareholding of the promoters but not the aggregate promoter holding.
Promoter Group Share Realignment
Abhinav Capital Services Limited has announced the completion of an inter-se transfer of shares involving its promoter group. The transaction saw Kailash Hardattrai Biyani, a promoter, gift a total of 9,55,631 equity shares, which amounts to 13.80% of the company’s total issued and paid-up share capital. This transfer occurred on August 14, 2026.
Detailed Shareholder Changes
The shares were transferred to two immediate relatives and promoters: Bharat Hardattrai Biyani received 6,49,110 shares, increasing his holding to 9.37%, and Vinod Hardattrai Biyani acquired 3,06,521 shares, bringing his stake to 4.43%. These transfers were effected through gift deeds and were without any monetary consideration. The aggregate shareholding of the promoter and promoter group in Abhinav Capital Services Limited remains unchanged by this transaction.
Regulatory Compliance
The inter-se transfer was executed under the exemption provided by Regulation 10(1)(a)(i) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company has filed the necessary post-intimation reports (Regulation 10(6) and 10(7)) and prior intimations (Regulation 10(5)) with the relevant stock exchanges and SEBI, confirming compliance with all applicable disclosure requirements.
Source: BSE
