Insider Trading & SAST disclosures for Surat Trade and Mercantile Ltd.
The latest disclosure under SEBI Prohibition of Insider Trading regulations was made by
Suhail P. Shah in Surat Trade and Mercantile Ltd. where Acquisition of 34,421,309
Equity Shares done
was reported to the exchange on Sept. 20, 2024.
The latest disclosures under SEBI SAST(Substantial Acquisition of Shares and Takeovers) Regulations, 2011 transaction was made by
Alok Shah in Surat Trade and Mercantile Ltd. where Acquisition of 34,421,310
shares done
was reported to the exchange on Sept. 18, 2024.
Insider trades are disclosures under SEBI (Prohibition of Insider Trading) Regulations, 2015 ([Regulation 7 (2) with 6(2)] made by corporate insiders: promoters, officers, directors, employees and large shareholders who are buying and selling stock in their own companies.
| Client Name |
Client Category |
Action* |
Reported To/By Exchange |
Quantity |
Post Transaction Holding |
Traded % |
Avg. Price |
Value |
Period |
Regulation (Insider/SAST) |
Security Type |
Mode |
|
Suhail P. Shah
|
Promoter & Director |
Acquisition |
20 Sep 2024 |
34,421,309 |
56,073,365
(25.25%)
|
15.50%
|
0 |
0
|
17 Sep 2024
17 Sep 2024 |
Insider Trading |
Equity Shares |
Gift |
|
Praful A. Shah HUF
|
Other |
Disposal |
20 Sep 2024 |
10,000,971 |
0
(0%)
|
4.50%
|
0 |
0
|
17 Sep 2024
17 Sep 2024 |
Insider Trading |
Equity Shares |
Gift |
|
Shilpa P. Shah
|
Promoter |
Disposal |
20 Sep 2024 |
21,652,506 |
0
(0%)
|
9.75%
|
0 |
0
|
17 Sep 2024
17 Sep 2024 |
Insider Trading |
Equity Shares |
Gift |
|
Praful A. Shah
|
Promoter |
Disposal |
20 Sep 2024 |
37,189,142 |
0
(0%)
|
16.75%
|
0 |
0
|
17 Sep 2024
17 Sep 2024 |
Insider Trading |
Equity Shares |
Gift |
|
Alok P. Shah
|
Promoter & Director |
Acquisition |
20 Sep 2024 |
34,421,310 |
89,381,990
(40.25%)
|
15.50%
|
0 |
0
|
17 Sep 2024
17 Sep 2024 |
Insider Trading |
Equity Shares |
Gift |
|
Alok Shah
|
Promoter |
Acquisition |
16 Oct 2024 |
34,421,310 |
89,381,990
(40.25%)
|
15.50%
|
|
-
|
17 Sep 2024
17 Sep 2024 |
SAST (29(2)) |
- |
Off Market / Inter se transfer |
|
Alok Praful Shah & Suhail Shah
|
Promoter |
Disposal |
16 Oct 2024 |
10,000,971 |
-
|
4.50%
|
|
-
|
17 Sep 2024
17 Sep 2024 |
SAST (29(2)) |
- |
Off Market |
|
Alok Praful Shah & Suhail Shah
|
Other |
Acquisition |
16 Oct 2024 |
68,842,619 |
-
|
31%
|
|
-
|
17 Sep 2024
17 Sep 2024 |
SAST (10(6)) |
- |
- |
|
Alok Shah & Suhail Shah
|
Promoter |
Disposal |
16 Oct 2024 |
21,652,506 |
-
|
9.75%
|
|
-
|
17 Sep 2024
17 Sep 2024 |
SAST (29(2)) |
- |
Off Market / Inter se transfer |
|
Suhail Praful Shah
|
Promoter |
Acquisition |
16 Oct 2024 |
34,421,309 |
56,073,365
(25.25%)
|
15.50%
|
|
-
|
17 Sep 2024
17 Sep 2024 |
SAST (29(2)) |
- |
Off Market / Inter se transfer |
|
Alok Praful Shah & Suhail Shah
|
Promoter |
Disposal |
16 Oct 2024 |
37,189,142 |
-
|
16.75%
|
|
-
|
17 Sep 2024
17 Sep 2024 |
SAST (29(2)) |
- |
Off Market / Inter se transfer |
|
Alok Praful Shah & Suhail Praful Shah
|
Promoter |
Acquisition |
16 Oct 2024 |
68,842,619 |
-
|
31%
|
|
-
|
17 Sep 2024
17 Sep 2024 |
SAST (10(5)) |
- |
None |
|
Alok Praful Shah
|
Promoter |
Acquisition |
24 Mar 2023 |
33,309,666 |
54,960,680
(24.75%)
|
15%
|
|
-
|
21 Mar 2023
21 Mar 2023 |
SAST (29(2)) |
- |
Off Market |
|
Alok P Shah
|
Other |
Acquisition |
24 Mar 2023 |
33,309,666 |
-
|
15%
|
|
-
|
21 Mar 2023
01 Jan 1900 |
SAST (10(6)) |
- |
- |
|
Alok Praful Shah
|
Promoter |
Disposal |
24 Mar 2023 |
33,309,666 |
37,189,142
(16.75%)
|
15%
|
|
-
|
21 Mar 2023
21 Mar 2023 |
SAST (29(2)) |
- |
Off Market |
|
Alok Praful Shah
|
Promoter |
Acquisition |
14 Mar 2023 |
33,309,666 |
-
|
15%
|
|
-
|
21 Mar 2023
21 Mar 2023 |
SAST (10(1)(a)) |
- |
None |
|
Garden Silk Mills Pvt Ltd
|
Other |
Disposal |
08 Mar 2022 |
5,397,671 |
9,102,329
(4.10%)
|
2.43%
|
|
-
|
09 Feb 2022
03 Mar 2022 |
SAST (29(2)) |
- |
Market |
|
IDBI Bank Ltd & Others
|
Other |
Disposal |
28 Nov 2019 |
4,454,129 |
4,383,498
(1.97%)
|
2.01%
|
|
-
|
25 May 2019
27 Nov 2019 |
SAST (29(2)) |
- |
Market |
|
IDBI Bank Ltd & Others
|
Other |
Disposal |
24 May 2019 |
4,659,264 |
8,837,627
(3.98%)
|
2.10%
|
|
-
|
17 Mar 2017
24 May 2019 |
SAST (29(2)) |
- |
Market Sale |
|
PRAFUL A. SHAH
|
Promoter |
Disposal |
01 Mar 2019 |
80,026 |
27,830,471
(12.53%)
|
0.04%
|
2.7 |
216,070
|
27 Feb 2019
27 Feb 2019 |
Insider Trading |
Equity Shares |
Inter-se Transfer |
|
VARELI TRADING CO. LTD.
|
Promoter |
Acquisition |
01 Mar 2019 |
80,026 |
77,580,026
(34.94%)
|
0.04%
|
2.7 |
216,070
|
27 Feb 2019
27 Feb 2019 |
Insider Trading |
Equity Shares |
Inter-se Transfer |
|
Vareli Trading Company Ltd
|
Other |
Acquisition |
27 Feb 2019 |
80,026 |
-
|
0.04%
|
|
-
|
27 Feb 2019
01 Jan 1900 |
SAST (10(6)) |
- |
- |
|
Vareli Trading Company Ltd
|
Promoter |
Acquisition |
20 Feb 2019 |
80,026 |
-
|
0.04%
|
|
-
|
27 Feb 2019
27 Feb 2019 |
SAST (10(1)(a)) |
- |
None |
|
Praful A Shah
|
Other |
Acquisition |
20 Mar 2014 |
2,793,292 |
-
|
1.26%
|
|
-
|
20 Mar 2014
20 Mar 2014 |
SAST (10(6)) |
- |
- |
|
Praful A Shah
|
Promoter |
Acquisition |
13 Mar 2014 |
2,793,292 |
-
|
1.26%
|
|
-
|
20 Mar 2014
20 Mar 2014 |
SAST (10(1)(a)) |
- |
None |
*Actions covered:
Acquisition (Buy): Purchase of shares
Disposal (Sell): Sale of shares
Pledge: Shares being used by promoters as collateral for loans. Usually a negative signal.
Revoke: When shares are released from a pledge. Usually a positive signal.
Invoke: When pledged shares are invoked by companies/banks who have provided the collateral, which may result in acquisition of stake in the company. Usually a negative signal.
Client Category: Promoter/ KMP/ Director / Immediate Relatives / Employee / etc
Security Type: Share/ Warrants / Convertible Debentures
Kind of transaction Mode: Public rights/ preferential offer / off market / inter-se transfer/ Market Sale
Data as reported to BSE and NSE
Insider trading data is from Disclosure under SEBI (Prohibition of Insider Trading) Regulations, 2015.