Intimation regarding transmission of shares of Mrs. Nila Gandhi
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Anand Rayons has informed BSE about the transmission of 9,820 equity shares of Late Mrs. Nila Gandhi to Mrs. Shilpa Anand Bakshi, a member of the promoter group, effective March 31, 2025. As a result, Mrs. Bakshi's holding in the company increased from 11,53,360 shares (6.27%) to 11,63,180 shares (6.33%) of the total equity share capital. The transfer was carried out via transmission (i.e., inheritance following the death of the original shareholder) and not through any market purchase. The total share capital of the company remains unchanged at 1,83,82,721 equity shares of Rs. 10 each. The overall promoter group shareholding remains the same since the transfer is within the promoter family.
This is a routine internal promoter-family reshuffle due to inheritance and does not change the total promoter group ownership or the company's share capital. There is no material impact on the stock price or for retail shareholders — it is a procedural disclosure required by SEBI.