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Company Filings, Explained Simply

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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.
Madhav Infra Projects Ltd

Madhav Infra Projects: Promoter Group Inter-se Share Transfer of 7.57 Crore Shares

PLEDGE ● No Immediate Change LOW RISK
📅 Filed on BSE: 06 Aug 2026, 07:30 PM IST  ·  BSE ID: 0cd63088-49db-4097-ad75-2447d7c63346
View Original BSE Filing (PDF)
💡
In Simple Terms
Promoters of Madhav Infra Projects are shifting ownership of 75.7 million shares among themselves without money changing hands.
🤖 AI Summary
  • 75,716,940 shares to be transferred between Madhav Infra Projects promoters.
  • Transaction is an off-market inter-se transfer of shares without consideration.
  • Transfer involves Mr. Ashok Madhavdas Khurana as transferor and promoter group as transferees.
  • The transfer is effective on or after August 12, 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Number of shares proposed to be transferred
7,57,16,940
Aggregate Holding of proposed shares
28.087%
Shares transferred to Mr. Amit Khurana
86,88,614
Shares transferred to Mrs. Neelakshi Amit Khurana
54,34,764
Shares transferred to Armaan Amit Trust
61,593,562
🏢 How This Affects the Company
💰
Financial Impact
This inter-se transfer does not involve any cash consideration and is within the promoter group, thus having no direct immediate financial impact on the company's balance sheet or P&L.
⚠️
Risk Impact
The transfer does not alter the aggregate promoter holding but shifts internal promoter group share distribution. It does not introduce new risks to the company's operations.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders. This is an internal transaction among promoters.
👤
Who Is Affected
All existing shareholders are indirectly affected by a change in the internal allocation of shares within the promoter group. The aggregate promoter holding percentage remains unchanged.
🔍
Management Signal
This transfer signals a reorganization of shareholding within the promoter family/group, with no indication of a change in control or strategic direction.

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

👁 Watch List — track these upcoming events
Updated shareholding pattern post-August 12, 2026.
Confirmation of completion of the inter-se share transfer.
Any further disclosures by the company regarding promoter holdings.
LOW RISK The transaction is an inter-se transfer within the promoter group without cash changing hands.
💡 Investor Takeaway
Madhav Infra Projects promoter group is undertaking an inter-se share transfer of 75,716,940 shares, valued at an effective 28.087% of total promoter holding, without consideration, on or after August 12, 2026.
❓ Frequently Asked Questions
What is the total number of shares being transferred among Madhav Infra Projects promoters?
A total of 7,57,16,940 shares are proposed to be transferred among the promoters and promoter group.
Is there any consideration involved in this share transfer for Madhav Infra Projects?
No, this is an inter-se transfer of shares amongst the promoter and promoter group without consideration.
When will the inter-se transfer of shares at Madhav Infra Projects take place?
The proposed transaction is to occur on or after August 12, 2026.
What percentage of the company's promoter holding does this transfer represent?
The 7,57,16,940 shares represent 28.087% of the aggregate holding of the proposed transferors and transferees within the promoter group.

Questions based on this BSE filing only. For information purposes.

⚠️ 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.
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