Shareholding23 Oct 2026, 09:55 am
Shri Dinesh Mills: Promoter Group Inter-se Share Transfer
AI Summary
Shri Dinesh Mills Limited has filed a disclosure regarding an inter-se transfer of shares among its promoter and promoter group. A total of 13,63,245 shares (24.34% of the total share capital) will be transferred via gift, with no change in the overall promoter and promoter group shareholding. The transfer is planned on or after October 29, 2026, and falls under the exemption provided by Regulation 10(1)(a)(i) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as it involves immediate relatives. The rationale is to streamline family assets and businesses.
Key Highlights
- Inter-se transfer of 13,63,245 shares (24.34%) among promoters.
- Transfer to be executed via gift, with no change in total promoter shareholding.
- Transaction falls under SEBI (SAST) Regulations exemption for immediate relatives.
- Proposed date of transfer is on or after October 29, 2026.
- Rationale: Streamlining family assets and businesses.
Price Impact
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