Intec Capital: Promoter Group Inter-se Share Transfer of 6.85%

Intec Capital Ltd announced an inter-se transfer of shares between promoter groups. Mr. Sanjeev Goel will purchase 12,58,088 equity shares, representing 6.85% of the company's equity share capital, from India Business Excellence Fund – II. The transaction, valued at ₹1,38,38,968 (₹11.00 per share), is an off-market transaction and is exempted under SEBI Takeover Regulations. Following the transfer, Mr. Goel's promoter shareholding will increase to 25.90%, while the seller's will reduce to 4.64%. The company stated there will be no change in management or control as Mr. Goel is already a promoter. All requisite compliances will be ensured.