Praj Industries has announced an inter-se transfer of shares between promoters. 72,00,000 shares, representing 3.917% of the company’s equity, were transferred from Moriyaset Trust to Dr. Pramod Chaudhari on December 9, 2025. This transaction remains within the promoter group. The transaction does not alter the total promoter group holding.
Inter-Se Transfer of Shares
An inter-se transfer of shares occurred within the Promoter Group of Praj Industries on December 9, 2025. This transaction involved the transfer of shares from Moriyaset Trust to Dr. Pramod Chaudhari.
Details of the Transfer
The specifics of the share transfer are as follows:
Transferor: Moriyaset Trust
Transferee: Dr. Pramod Chaudhari
Number of Shares Transferred: 72,00,000
Percentage of Holding: 3.917%
Date of Transaction: December 9, 2025
Impact on Promoter Holding
This transfer is an internal transaction within the Promoter Group. As a result, the overall aggregate holding of the Promoter and Promoter Group remains unchanged both before and after the transaction.
Shareholding After Transaction
Following the transfer of shares, Dr. Pramod Chaudhari holds 45,900,000 shares representing 24.971% of the total share capital. The 45,900,000 shares will be held under two Demat Accounts.
Source: BSE