Zenith Fibres: Promoter Group Inter-se Share Transfer of 2.54%

Zenith Fibres Limited has announced an inter-se transfer of up to 1,00,000 equity shares (2.54% of total share capital) within its promoter group. Mrs. Pinky Rungta will acquire these shares from Alpha Stitch-Art Pvt. Ltd. This transaction is being conducted under Regulation 10(1)(a)(ii) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, which exempts such transfers among promoters from making an open offer. The transfer is expected to occur on or after June 16, 2026. The VWAP for the last 60 trading days on BSE was ₹50.50. The acquisition price will not exceed 25% above this VWAP. This transfer will not alter the overall shareholding percentage of the promoter group.