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Siddharth Jain to receive 30% stake in GFL Limited via gift transfer on August 24, 2026
18-Aug-2026, 12:56
Siddharth Jain is set to acquire 3,29,55,000 shares, representing 30.00% of the share capital of GFL Limited from Pavan Jain through a gift transfer scheduled for August 24, 2026, according to a regulatory filing. The transfer is exempt under Regulation 10(1)(a)(i) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and involves no consideration. Prior to the transaction, Siddharth Jain held 1,48,07,953 shares, representing 13.4802% of GFL Limited's total share capital.
Siddharth Jain is set to acquire 3,29,55,000 shares, representing 30.00% of the share capital of GFL Limited from Pavan Jain through a gift transfer scheduled for August 24, 2026, according to a regulatory filing. The transfer is exempt under Regulation 10(1)(a)(i) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and involves no consideration. Prior to the transaction, Siddharth Jain held 1,48,07,953 shares, representing 13.4802% of GFL Limited's total share capital.