Binny Mills: Promoter Group Inter-se Share Transfer of 16.14 Lakh Shares

Binny Mills Ltd has disclosed an inter-se transfer of 16,14,854 equity shares, representing 62.51% of the total share capital, among its promoters and their immediate relatives. The transfer, executed as a gift via an off-market transaction on June 30, 2026, involves individuals including T Amudha, Padma, Dr. Andal Arumugam, S Arundathi, and Radha. This transaction falls under SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011, specifically Regulations 29(1) & 29(2). The disclosure confirms the continued control and alignment within the promoter group.