StockWatch
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Specialty Chemicals
Shareholding27 Aug 2026, 03:46 pm

Fine Organic Industries: Promoter Inter-se Share Transfer of 3,06,978 Shares

AI Summary

Fine Organic Industries Ltd has filed a disclosure regarding an inter-se transfer of 3,06,978 equity shares among its promoter and promoter group members. The transaction, involving Jayen Ramesh Shah and Jayen R Shah HUF, is scheduled for on or after September 3, 2026. This transfer is an off-market transaction pursuant to the partition of the HUF and is exempt from open offer requirements under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, as the aggregate holding of the promoter and promoter group remains unchanged. The transfer is compliant with Regulation 10(1)(a)(ii) of the Takeover Regulations.

Key Highlights

  • Inter-se transfer of 3,06,978 shares among promoters.
  • Transaction to occur on or after September 3, 2026.
  • Exempt from open offer under SEBI Takeover Regulations.
  • Aggregate promoter holding remains unchanged.
  • Transfer is part of HUF partition.