Advit Jewels promoter Abhishek Gilara gets 17% stake by gift
- Mergers & acquisitions
- Jewellery
Advit Jewels (NSE: RAMBHAJO) reported a promoter share transfer: Abhishek Gilara acquired 77,78,430 shares, or 16.979% of diluted share capital, by way of gift from Vipul Gilara, it said in a filing on 19 Oct 2026. No price applies, because the transfer was a gift.
The gift and the holdings after it
The transfer was described as an inter-se transfer among promoter and promoter group members, made by way of gift from immediate relatives. Abhishek Gilara held no shares before the transaction and holds 77,78,430 shares after it, 16.979% of the diluted share capital. Vipul Gilara's holding fell from 1,57,48,920 shares (34.38%) to 79,70,490 shares (17.40%).
Sign up to continue reading
Create a free account to read the rest of this article and the analysis that follows.
Disclaimer:
The information available on this article is provided for education and informational purposes only. It does not constitute or provide financial, investment or trading advice and should not be construed as an endorsement of any specific stock or financial strategy in any form or manner. We do not make any representations or warranties regarding the quality, reliability, or accuracy of the information provided. This website may contain links to third-party content. We are not responsible for the content or accuracy of these external sources and do not endorse or verify the information provided by third parties. We are not liable for any decisions made or actions taken based on the information provided on this website.
