Kintech Renewables Ltd

SG Mart Ltd has responded to an exchange query regarding unusual volume movements. The company stated that all required information and announcements have been duly disclosed to the stock exchanges as per SEBI regulations. They confirmed that they will continue to comply with disclosure requirements as and when necessary and have no further comments on the matter.

SG Mart Ltd has announced the closure of its trading window for designated persons and their immediate relatives, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The window will be closed from Wednesday, July 1, 2026, until 48 hours after the declaration of the company's unaudited financial results for the quarter ending June 30, 2026. The specific date for the board meeting to consider these financial results will be communicated separately. This measure is standard practice to prevent potential insider trading.

SG Mart Ltd promoter, Sameer Gupta, has transferred 4,42,00,000 equity shares, representing 35.07% of the company's total voting capital, to Mr. Sanjay Gupta. This transaction, an off-market inter-se transfer by way of gift between immediate relatives, occurred on June 16, 2026. Prior to the transfer, Sameer Gupta held 35.07% of SG Mart. Following the transfer, his direct holding in the company is reduced to 0%. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Sanjay Gupta has acquired 4,42,00,000 equity shares, representing 35.07% of the total shareholding, in SG Mart Limited from his brother, Mr. Sameer Gupta, through an inter-se transfer by way of gift. This transaction is exempt from open offer requirements under Regulation 10(l)(a)(i) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, as it involves immediate relatives. Following this, Sanjay Gupta is now listed as a Promoter of SG Mart Limited, with the total promoter group holding 57.90% of the company's shares.

Sanjay Gupta has acquired 4,42,00,000 equity shares of SG Mart Limited through an off-market inter-se transfer by way of gift from Mr. Sameer Gupta. This transaction, reported under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, signifies a change in shareholding within the promoter group. Following the acquisition, Sanjay Gupta and Persons Acting in Concert (PACs) continue to hold 57.90% of the company's total equity. The face value of each share is ₹1. The acquisition date was June 16, 2026.

SG Mart Ltd has received a disclosure regarding the acquisition of 4,42,00,000 equity shares, representing 35.07% of the total share capital, by Mr. Sanjay Gupta from his immediate relative, Mr. Sameer Gupta. The transfer is proposed to occur by way of a gift on or after June 16, 2026, and is exempt from open offer requirements under SEBI (SAST) Regulations, 2011. Following this transaction, Mr. Sanjay Gupta will be classified as a Promoter of the Company.

SG Mart Limited has approved the allotment of 35,200 equity shares under its Employees Stock Option Scheme-2023. This allotment increases the company's paid-up equity share capital from ₹12,60,00,000 to ₹12,60,35,200. The exercise price per share was ₹367.85, with a premium of ₹366.85 per share. The total money realized from this exercise, excluding tax, amounts to ₹1,29,48,320. The newly allotted shares will rank pari-passu with existing equity shares.

The Delhi High Court granted an interim stay on orders from the Office of Collector of Stamps regarding a stamp duty matter, as challenged by SG Mart Ltd. The stay is conditional upon the company depositing 50% of the duty and penalty amount, totaling ₹95.80 lakhs, within one month. This follows an earlier disclosure on May 27, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

SG Mart Ltd has received orders from the Collector of Stamps, Government of NCT of Delhi, regarding stamp duty adjudication related to the issuance of dematerialized shares. The company faces a stamp duty liability of ₹88,38,990 and a penalty of ₹1,01,00,000, totaling ₹1,89,38,990, for FY2023-24, FY2024-25 and FY2025-26. The company has filed a writ petition before the Delhi High Court, as it believes it had paid the stamp duty correctly under the Indian Stamp Act, 1899. The impact on the company's financials depends on the outcome of the writ petition.

Sameer Gupta acquired 4,42,00,000 equity shares of SG Mart Limited through an off-market inter-se transfer by way of gift. The shares were received from Mrs. Meenakshi Gupta (1,14,00,000 shares) and Mr. Dhruv Gupta (3,28,00,000 shares). Post-acquisition, the total holding of the acquirer and PACs remains at 4,57,00,000 shares, representing 36.27% of the total share/voting capital. The company's equity share capital stands at ₹12,60,00,000.