StockWatch
·
Specialty Chemicals
Shareholding13 Jun 2026, 12:01 pm

Yug Decor: Promoter Group Inter-se Share Gift of 11.16%

AI Summary

Yug Decor Ltd has filed a disclosure regarding a proposed inter-se transfer of 18,05,405 shares (11.16% stake) within the Promoter and Promoter Group via a Gift Deed. The transfer is between Santosh Kumar Saraswat and Abha Santoshkumar Saraswat to Nisha Chandresh Saraswat. This transaction is exempt from open offer requirements under SEBI (SAST) Regulations, 2011, as it's an intra-family gift among promoters. The total shareholding of the Promoter Group will remain unchanged post-transfer. The acquisition is planned for on or after June 18, 2026, with no consideration involved.

Key Highlights

  • Promoter group to gift 11.16% stake in Yug Decor.
  • Transfer via Gift Deed, no monetary consideration involved.
  • Transaction exempt from open offer under SEBI SAST Regulations.
  • Total promoter group shareholding remains unchanged.
  • Acquisition planned on or after June 18, 2026.