Dr. Athiya Agarwal has filed a prior intimation for the proposed acquisition of 21,15,180 shares (0.67% stake) in Dr. Agarwal’s Health Care Limited. The transaction is an inter-se transfer occurring on March 03, 2026, from Dr. Anosh Agarwal. The transfer is classified as a ‘Gift’ between immediate relatives within the Promoter Group, meaning no monetary consideration (NIL price) is involved. This transfer results in no change to the Total Shareholding of the Promoter and Promoter Group combined.
Intimation of Promoter Group Share Transfer
Dr. Athiya Agarwal, the Acquirer, has submitted a prior intimation to the stock exchanges regarding a significant proposed transaction involving shares of Dr. Agarwal’s Health Care Limited (the Target Company, TC). The proposed acquisition date is set for March 03, 2026.
The transaction involves the acquisition of 21,15,180 equity shares, which represents 0.67% of the total share capital of the TC. The transferor (Seller) is Dr. Anosh Agarwal, and the transferee (Acquirer) is Dr. Athiya Agarwal. Both parties belong to the Promoter Group of the company.
Transaction Details and Rationale
The core nature of this deal is an inter-se transfer of shares amongst immediate relatives within the Promoter Group. Consequently, the acquisition price at which these shares are proposed to be acquired is explicitly stated as NIL, as the transfer is executed by way of a ‘Gift’.
The stated rationale for this proposed transfer is to facilitate a private family arrangement amongst immediate relatives aimed at streamlining the Family’s assets and businesses. Crucially, the document confirms that there will be no change in the Total Shareholding of the Promoter and Promoter Group following this exchange.
Shareholding Post-Transaction Summary
The detailed shareholding disclosure shows the following changes:
- Acquirer (Dr. Athiya Agarwal): Her total voting rights will increase from 3.33% (1,05,46,795 shares) to 4.00% (1,26,61,975 shares).
- Seller (Dr. Anosh Agarwal): His total voting rights will decrease from 5.36% (1,69,73,100 shares) to 4.69% (1,48,57,920 shares).
The exemption from making an open offer is claimed under the relevant sub-clause pertaining to inter-se transfer of shares amongst immediate relatives by way of gift. The acquirer confirms compliance with all necessary disclosure requirements concerning both the transferor and transferee.
Source: BSE
