Promoter G Ganesh Kumar Acquires Shares of Tyche Industries Ltd Through Inter-Se Transfer

Tyche Industries Ltd has disclosed under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 that promoter G Ganesh Kumar has acquired 1,880 equity shares of the company through an off-market inter-se transfer. This transaction is exempted from making an open offer under Regulation 10(1)(a)(i) and (ii) of the SEBI SAST Regulations 2011. The acquisition was made from G Rama Raju and G Vijaya Kumari. The price for the shares was not disclosed as the transfer will be by way of gift pursuant to the execution of a Gift Deed.