Shareholding9 Oct 2026, 05:24 pm
Hariyana Ship Breakers: Promoter group gift of 4.14 Lakh shares
AI Summary
Hariyana Ship Breakers Limited has received a disclosure regarding the inter-se transfer of 4,14,800 equity shares by way of gift. Mr. Rajeev Shantisarup Reniwal, a member of the promoter group, is transferring these shares to Mrs. Lalitadevi Shantisarup Reniwal, his mother and also a member of the promoter group. The transfer is without consideration and represents 6.73% of the company's total share capital. This transaction is undertaken under the exemption provided by Regulation 10(1)(a)(i) and/or 10(1)(a)(ii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as it involves immediate relatives within the promoter group.
Key Highlights
- Inter-se transfer of 4,14,800 shares within promoter group.
- Transfer is by way of gift, with no consideration involved.
- Represents 6.73% of the company's total share capital.
- Transaction falls under SEBI SAST Regulations exemption for relatives.
- Shareholding of promoter group increases from 43.26% to 49.99%.
Price Impact
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