Shareholding20 Aug 2026, 05:50 pm
Ester Industries Promoter Share Transfer Cancelled
AI Summary
Ester Industries Ltd has announced the cancellation of a proposed inter-se transfer of shares among its promoter and promoter group. The transaction, which was previously disclosed on August 14, 2026, involving the acquisition of 3,797,468 equity shares (3.64% voting rights) by Ayush Vardhan Singhania from Arvind Singhania, will not proceed due to unforeseen circumstances. The company has submitted the necessary disclosure for the cancellation to the stock exchanges.
Key Highlights
- Proposed promoter share transfer cancelled due to unforeseen circumstances.
- Transaction involved 3.64% voting rights transfer.
- Cancellation follows earlier disclosure under SEBI Takeover Regulations.
- Company assures compliance with applicable regulations.
Price Impact
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