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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.

Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split

Data sourced from BSE India corporate announcements. More categories will be added over time.

GTN Textiles Ltd

GTN Textiles: Promoter Ankur Patodia gifts 13,11,771 shares (11.27%) to wife Swati

M&A ● No Immediate Change LOW RISK

📅 Filed on BSE: 13 Apr 2026, 02:56 PM IST · BSE ID: 4338c584-9506-4efe-a76c-cdfcbf92e784

View Original BSE Filing (PDF)

💡

In Simple Terms

A GTN Textiles promoter transferred 13,11,771 shares to his wife as a gift with zero price; her stake in the company rose from 2.34% to 13.60%.

🤖 AI Summary

Promoter Ankur Patodia gifted 13,11,771 equity shares (11.27% voting right) to wife Swati on 25-03-2026
Transfer executed as off-market inter-se gift between immediate relatives under SEBI SAST Regulation 10(7)
Zero consideration involved; Swati's stake increased from 2.34% to 13.60% post-acquisition
Compliance report submitted to SEBI within 21 working days; prescribed fee of Rs. 1,77,000 (inclusive of GST) paid 13-04-2026

🔢 Key Numbers - exact figures from BSE filing, not rounded

Shares transferred

13,11,771 equity shares

Voting rights transferred

11.27%

Date of acquisition

25-03-2026

Swati Patodia shareholding before

2.71,900 shares (2.34%)

Swati Patodia shareholding after

15,83,671 shares (13.60%)

Ankur Patodia shareholding before

13,11,771 shares (11.27%)

Ankur Patodia shareholding after

0 shares (0%)

SEBI compliance fee paid

Rs. 1,77,000 (inclusive of GST)

🏢 How This Affects the Company

💰

Financial Impact

No change to company's financials, cash, or debt. Share transfer is internal promoter reclassification only.

👥 What This Means For Shareholders

✅

Action Required

No action required. Transfer completed and compliance filed.

👤

Who Is Affected

Promoter Ankur Patodia (reduced holding from 11.27% to 0%) and Swati Patodia (increased holding from 2.34% to 13.60%). Minority shareholders unaffected.

🔍

Management Signal

Promoter reclassification indicates transfer of promoter-level control to Swati Patodia; likely personal estate planning decision.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List - track these upcoming events

Monitor shareholding pattern disclosures for next quarterly filing (Reg 31) to confirm stake positions remain stable.

Track for any related-party transaction disclosures if Swati Patodia takes active management role post-acquisition.

Watch for Regulation 30 announcements if consolidation signals broader promoter governance restructuring.

LOW RISK Off-market inter-se transfer between spouses falls under established regulatory exemption. No open offer triggered. Compliance completed within statutory timelines.

💡 Investor Takeaway

Promoter Ankur Patodia completed off-market gift of 13,11,771 shares (11.27%) to wife Swati on 25-03-2026 under SEBI exemption. Swati's stake rose to 13.60%; Ankur's reduced to zero. Filing confirms compliance with prescribed fee of Rs. 1,77,000 (inclusive of GST) submitted.

⚖️ Strengths & Concerns

✅ Positives

Completed inter-se transfer between immediate relatives falls under regulatory exemption; no open offer triggered.

⚠️ Concerns

Ankur Patodia's direct shareholding reduced from 11.27% to zero; ownership concentration now vested with Swati Patodia.

📅 Company Track Record

On 27-03-2026, GTN Textiles disclosed Reg 10(6) post-acquisition report following the same 13,11,771 share gift from Ankur Patodia to Swati Patodia executed on 25-03-2026. Current filing (13-04-2026) is Reg 10(7) completion report confirming final compliance and fee payment to SEBI.

Based on publicly available historical data. For context only.

📑 More from GTN Textiles Ltd

GTN Textiles Q2 FY27 Standalone Revenue from Operations Rs 819 Lacs

RESULTS · 13 Nov 2026

GTN Textiles: Promoter Ankur Patadia gifts 13,11,771 shares to wife Swati

M&A · 27 Mar 2026

All BSE filings we have analysed for GTN Textiles Ltd.

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⚠️ For Information Only - Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.