Acquisitions1 April 2026 at 09:14 am
Sainik Finance & Industries Ltd: Promoters Acquire 23.01% Shares via Inter-Se Transfer
AI Summary
Sainik Finance & Industries Ltd has received a report under Regulation 10(6) of SEBI (SAST) Regulations, 2011 from Sh. Sarvesh Sindhu for himself and on behalf of all other Acquirers. The report pertains to the acquisition of shares by way of inter-se transfer of shares amongst the member of promoters and promoters group of the Company through off market transaction. The total shares acquired amount to 25,03,982 equity shares representing 23.01% of the total share capital of the company.
Key Highlights
- Promoters of Sainik Finance & Industries Ltd acquire 23.01% shares through inter-se transfer.
- The acquisition was made by Sh. Sarvesh Sindhu and other acquirers on behalf of promoters and promoters group.
- The acquisition was made through off market transaction.
- The total shares acquired amount to 25,03,982 equity shares.
- The acquisition does not result in a change in control of the company and aggregate promoters & promoter group shareholding remains the same.