Ashwin C. Shroff to boost Transpek Industry stake

Ashwin C. Shroff, a promoter of Transpek Industry Limited, has announced a proposed acquisition of 307,225 equity shares, representing 5.50% of its share capital. This transaction, categorized as an inter-se transfer between promoters as part of internal restructuring, is scheduled to occur on or after December 24, 2025. The shares will be acquired from Shruti Atul Shroff.

The acquisition price is set at 1,355.07 per share, based on the volume-weighted average market price. Following this transaction, Ashwin C. Shroff's total shareholding, including Persons Acting in Concert (PACs), will increase from 51.97% to 57.47% of Transpek Industry Limited's share capital. The acquirer confirmed that the acquisition price will not exceed 25% of the computed market price and that all conditions under Regulation 10(1)(a) of SEBI (Acquisition of Shares and Takeovers) Regulations, 2011, have been complied with.

The disclosure also includes declarations from Transpek Industry promoters, Ashwin C. Shroff, Atul G. Shroff, and Shruti A. Shroff, confirming no encumbrance of shares during the financial years ended March 31, 2023, March 31, 2024, and March 31, 2025, respectively.