Brand Concepts Limited (BCONCEPTS) — Insider Trading

📢 Key Event
Promoter Pradeep Maheshwari transferred 1,62,422 shares (13.01% stake) to his son Prateek Maheshwari as a gift.

🔄 What Changed
Prateek Maheshwari's shareholding increased to 24.04% post-transfer, while Pradeep Maheshwari's stake decreased to 6.77%.

💡 Investor Takeaway
This transfer adjusts promoter group ownership but does not indicate a change in control or new capital allocation.

Brand Concepts Limited disclosed an inter-se transfer of 1,62,422 equity shares representing 13.01% of its total share capital from promoter Pradeep Maheshwari to his son Prateek Maheshwari, a member of the promoter group. The transaction occurred on May 8, 2026, and was filed with exchanges on May 12, 2026, complying with SEBI SAST Regulation 10(6) disclosure requirements. The transfer was executed as a gift with no consideration, resulting in Prateek Maheshwari's post-acquisition holding rising to 24.04% while his father's stake reduced to 6.77%.

📄 View Original Announcement (PDF)

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