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Auto Components & Equipments
Shareholding7 Oct 2026, 04:05 pm

Veljan Denison: Promoter Gifts 8.83 Lakh Shares

AI Summary

Veljan Denison Limited has received a disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Promoter Mrs. Sree Chukkamamba Velamati has transferred 8,83,988 equity shares, representing 19.64% of the total equity, to Mr. Gangadhar Srinivas Velamati via inter-se transfer as a gift. The transaction occurred on September 30, 2026. Following the transfer, Mrs. Velamati's holding is now 0.0002% of the total equity.

Key Highlights

  • Promoter Mrs. Sree Chukkamamba Velamati gifted 8,83,988 shares.
  • The shares represent 19.64% of total equity before the gift.
  • The transfer was an inter-se gift to Mr. Gangadhar Srinivas Velamati.
  • Post-transfer, the promoter's holding is negligible at 0.0002%.