Redtape Limited has disclosed an acquisition of shares by its promoter, Mr. Rashid Ahmed Mirza, from Mrs. Yasmin Mirza. The transaction, which occurred on December 22, 2025, involved 12,44,89,980 equity shares, representing 22.52% of the company's total share capital. This acquisition was made as a gift from wife to husband due to natural love and affection, and therefore, no price was paid for the shares. This transaction was made in reliance upon the exemption provided under Sub-clause (i) of Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure of the proposed acquisition was made under Regulation 10(5) and was completed within the prescribed timeline, with the filing made on December 15, 2025. Following the acquisition, Mr. Rashid Ahmed Mirza's total shareholding in Redtape Limited increased from 13.29% (7,34,72,720 shares) to 35.81% (19,79,62,700 shares). Concurrently, Mrs. Yasmin Mirza's shareholding reduced from 22.52% to 0%.
