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Shareholding1 Jul 2026, 05:31 pm

Binny Mills: Promoter V R Venkataachalam Gifts 74,600 Shares

AI Summary

Binny Mills Ltd has filed a disclosure regarding an inter-se transfer of shares among the Promoter and Promoter Group. Mr. V. R. Venkataachalam, a promoter, gifted 74,600 equity shares of the company to an immediate relative, also a promoter. This transaction, conducted off-market on June 29, 2026, resulted in a slight shift in shareholding percentages. Prior to the transfer, Mr. Venkataachalam held 15,40,254 shares (59.62% of total voting capital). Post-transfer, his holding remains 15,40,254 shares, but the percentage is now calculated against a slightly adjusted total due to the gift, with the recipient's holding increasing. The total equity share capital of the company remains Rs. 25,832,700.

Key Highlights

  • Promoter V R Venkataachalam gifted 74,600 shares to a relative.
  • Transaction was an off-market inter-se transfer by way of gift.
  • Shareholding percentage of the acquirer remains largely stable.
  • Disclosure filed under SEBI SAST Regulations 2011.