The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Iftikharul Amin & Others
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.8 pts less than Nifty Microcap 250 and 4.5 pts less than its Leather And Leather Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Eight members of the promoter group (Iftikharul Amin, Sophia Amin, Tanveerul Amin, Farha Fatima, Iqbal Ahsan, Ismat Iqbal, Mubashirul Amin, and Umairul Amin) have collectively transferred 4,29,44,134 equity shares (39.78% of share capital) to two other promoter family members — Veqarul Amin (31.36%) and Rumana Amin (8.42%) — through an inter-se transfer by way of gift on March 27-28, 2025. After the transfer, the selling promoters hold zero shares individually. The total promoter group holding of the company remains unchanged at 58.78% (6,34,61,434 shares) before and after the transaction, since this is purely an internal family restructuring under Regulation 10(1)(a)(i) of the Takeover Code.
There is no change in total promoter ownership or in the company's free float, so this is a neutral event for retail shareholders and is unlikely to have any direct impact on the stock price. Shareholders should note that voting control is now concentrated with Veqarul Amin and Rumana Amin within the promoter family.