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

Yug Decor: Promoter group plans 1.85% share transfer via gift

AI Summary

Yug Decor Ltd has filed a disclosure regarding a proposed inter-se transfer of 3,00,000 shares (1.85% stake) within its promoter and promoter group. The transfer will occur via a Gift Deed from Santosh Kumar Saraswat to Pooja Sanjeev Saraswat. This transaction is part of a family arrangement for succession planning and will not alter the total promoter group shareholding. The acquisition is exempt from open offer requirements under SEBI (SAST) Regulations, 2011, specifically Regulation 10(1)(a)(i) & (ii). No consideration is involved in this gift transfer.

Key Highlights

  • Promoter group plans 1.85% share transfer via gift deed.
  • Transaction is an inter-se transfer within the promoter group.
  • No change in total promoter group shareholding expected.
  • Transfer is for succession planning and family arrangement.
  • Acquisition exempt from open offer under SEBI SAST Regulations.