Arfin India Ltd: Promoter Group Share Transfer Announced

Arfin India Ltd has received an intimation regarding a proposed acquisition of shares under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction involves an inter-se transfer of equity shares among immediate relatives within the promoter group. Mr. Mahendrakumar Rikhavchand Shah, a promoter, will acquire a total of 9,747,250 equity shares (5.776% of paid-up share capital) from Mrs. Pooja Mahendrabhai Shah and Mrs. Khushbu Mahendrabhai Shah. The acquisition is proposed to be made by way of gift, without consideration, through an off-market transaction, on or after September 7, 2026. The aggregate holding of the Promoter and Promoter Group will remain unchanged post-transaction.