Sainik Finance Promoter Group Inter-se Share Transfer

Sainik Finance & Industries Ltd has filed a disclosure regarding an inter-se transfer of shares among its promoter group. Approximately 1,316,066 equity shares, representing 12.10% of the company's total paid-up share capital, were transferred off-market. This transaction was conducted under Regulation 10(1)(a)(ii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquisition price per share was Rs. 40.62. The filing also confirms compliance with various SEBI regulations, including the submission of reports to SEBI and stock exchanges within stipulated timelines. Application fees of INR 1,77,000 were paid to SEBI.