Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
An update from Goldiam International Limited ( (IN:GOLDIAM) ) is now available.
Goldiam International has disclosed an intra-promoter share transfer, noting that promoter Rashesh Manhar Bhansali has received equity shares by way of an off-market gift within the promoter group. The shares previously held solely by promoter group member Shobhnaben Manharkumar Bhansali are now held jointly with him, with her remaining the first holder, and the company confirmed that the transaction falls under the exemption for inter-se promoter transfers in SEBI’s takeover regulations, implying no change in overall promoter group ownership or an open offer obligation.
The company informed the stock exchanges that this inter-se transfer among promoters complies with Regulation 10(1)(a)(i) of the SEBI SAST Regulations and was formally reported under Regulation 10(6). By clarifying the exempt status and off-market nature of the transaction, Goldiam signaled that the move is largely an internal restructuring of holdings rather than a strategic shift, limiting direct impact on public shareholders while maintaining regulatory transparency.
More about Goldiam International Limited
Goldiam International Limited is an India-based company operating in the gems and jewellery sector, with its registered office in the Santacruz Electronics Export Processing Zone in Mumbai. The company is listed on both BSE and the National Stock Exchange of India, reflecting its presence in the domestic capital markets and access to a broad base of investors.
Average Trading Volume: 52,401
Technical Sentiment Signal: Hold
Current Market Cap: 35.44B INR
For an in-depth examination of GOLDIAM stock, go to TipRanks’ Overview page.