Minal Industries Limited has announced the sad demise of its promoter, Mr. Jesingbhai Badarmal Parikh. Consequently, Mr. Parikh will be removed from the company’s Promoter/Promoter Group category effective September 21, 2026. This change will be reflected in future shareholding patterns and disclosures, in line with SEBI regulations.
Promoter Demise and Impact on Ownership
Minal Industries Limited has formally informed the stock exchanges about the unfortunate passing of Mr. Jesingbhai Badarmal Parikh, a key promoter of the company. This intimation has been received from a relative of the deceased promoter.
De-inclusion from Promoter Group
In adherence to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically Regulation 31A(6)(c), Mr. Jesingbhai Badarmal Parikh will cease to be a part of the Promoter/Promoter Group of Minal Industries Limited. This change is effective from September 21, 2026, the date of his sad demise.
The company has stated that Mr. Parikh’s name will no longer appear in subsequent shareholding patterns or any other disclosures made by Minal Industries. This update is in full compliance with the applicable provisions of the SEBI (LODR) Regulations, 2015.
Source: BSE
