StockWatch
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Iron & Steel Products
Shareholding19 Sept 2026, 05:51 pm

Goodluck India: Promoters to gift 2.26% shares inter-se

AI Summary

Goodluck India Ltd. has received intimation regarding a proposed inter-se transfer of 2,256,774 equity shares, representing approximately 2.26% of the company's total shares, among its promoter and promoter group members. The transfer will be executed by way of gift on September 25, 2026. Key individuals involved include Ramesh Chandra Garg, Savitri Devi, Kanak Lata, and Ram Aggarwal as transferors, and Mahesh Chandra Garg, Shyam Aggarwal, and Rajiv Garg as transferees. The company clarified that the aggregate shareholding of the Promoter and Promoter Group will remain unchanged after this transaction. This inter-se transfer is exempt from open offer obligations under Regulations 10(1)(a)(i) and (ii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as it occurs between immediate relatives and/or long-standing promoter group members.

Key Highlights

  • Promoters to transfer 2.26% equity shares via inter-se gift.
  • Total 2,256,774 shares will be transferred among promoter group.
  • Aggregate promoter group shareholding remains unchanged post-transfer.
  • Transfer is exempt from open offer requirements under SEBI rules.
  • Proposed transaction date is September 25, 2026.