StockWatch
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Residential- Commercial Projects
Shareholding24 Jun 2026, 09:10 pm

Kings Infra Ventures: Promoter Shareholding Transmitted to Heir

AI Summary

Kings Infra Ventures Ltd has announced a transmission of 10,00,000 equity shares from the deceased promoter, Late Mr. Shaji Baby John, to his legal heir, Ms. Rita Shaji John. Ms. John is already classified under the promoter category. Consequently, there is no change in the overall promoter and promoter group shareholding or control of the company. This transmission, occurring by operation of law, does not trigger any takeover code disclosures or materially impact the company's affairs. The shareholding pattern for the quarter ending June 30, 2026, will reflect this update.

Key Highlights

  • 10,00,000 promoter shares transmitted to legal heir.
  • No change in overall promoter shareholding or control.
  • Transmission is by operation of law, not a takeover event.
  • Disclosure made for corporate governance and transparency.