StockWatch
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Paper & Paper Products
Insider Trading30 Jun 2026, 05:10 pm

Ganga Papers: Promoter Group Acquires Shares Via Gift

AI Summary

Ganga Papers India Ltd has announced disclosures received from its Promoter Group members, Mr. Sanjay Kanoria and Mr. Sandeep Kanoria, regarding the acquisition of equity shares. On June 29, 2026, Mr. Sandeep Kanoria gifted 4,22,750 equity shares, representing 3.92% of the company's paid-up capital, to his brother, Mr. Sanjay Kanoria. Both individuals are part of the Promoter/Promoter Group. This transaction was conducted via gift, as per SEBI (Prohibition of Insider Trading) Regulations, 2015. The company has made these disclosures available on its website.

Key Highlights

  • Promoter Group members engaged in share transfer via gift.
  • 4,22,750 equity shares transferred, representing 3.92% stake.
  • Transaction complies with SEBI (Prohibition of Insider Trading) Regulations.
  • Disclosures filed by Mr. Sanjay Kanoria and Mr. Sandeep Kanoria.