Jinkushal Industries: Promoter Group Share Transfer via Gift
Jinkushal Industries Ltd has filed a prior intimation regarding an off-market inter-se transfer of shares between promoter group members. Sandhya Jain will gift 1,487,300 equity shares, representing 3.87% of the company's share capital, to Anubhavi Jain, an immediate relative. This transaction is scheduled for on or after August 28, 2026, and is conducted via a gift deed without any consideration, in compliance with SEBI (SAST) Regulations, 2011, specifically Regulation 10(1)(a)(i), which exempts such transfers from open offer requirements.
Key Highlights
- Promoter group members to transfer shares via gift.
- 1,487,300 shares (3.87% stake) to be transferred.
- Transaction is an off-market inter-se transfer.
- Exempt from open offer under SEBI SAST Regulations.
Price Impact
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