Apcotex Industries sees promoter group share transfer as gift

Janaki Parekh, part of the promoter group of Apcotex Industries Limited, has announced a proposed acquisition of 4,000 shares from Mrs. Rita Ashok Parekh, also a promoter group member. This inter-se transfer will be conducted as a gift, without any consideration, and is scheduled for December 10, 2025.

The acquisition represents 0.01% of the total share capital of Apcotex Industries. Post-transaction, Janaki Parekh's shareholding will increase from 12,500 shares (0.02%) to 16,500 shares (0.03%). Mrs. Rita Ashok Parekh's holding will decrease from 319,250 shares (0.62%) to 315,250 shares (0.61%).

The transaction falls under Regulation 10(1)(a)(ii) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, exempting it from an open offer. The volume-weighted average market price for the preceding 60 trading days was reported as Rs. 392.64 (NSE).