Sainik Finance: Promoters to transfer 12.10% shares

Sainik Finance & Industries Ltd has received prior intimation from its promoters and promoter group regarding an inter-se transfer of shares. This off-market transaction involves 13,16,066 equity shares, representing 12.10% of the total share capital. The transfer is being conducted among members of the promoter group and falls under an exemption provided by SEBI (SAST) Regulations, 2011. Importantly, the aggregate shareholding of the promoters and promoter group in the company will remain unchanged after this transaction. The shares are being transferred at a price of ₹40.62 per share.