Inter-se transfer of 19,45,619 equity shares of the Company without any consideration between the Constituents of the Promoter Group of the Company.
BENGALASM · price
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Bengal & Assam Company Ltd announced an internal reshuffle within its promoter group. Yashodhan Enterprises, a partnership firm that held 19,45,619 shares (17.06%) in the company, has been converted into a private limited company called YPL Enterprises Pvt. Ltd. As a result, the shares held in the names of its partners — Bharat Hari Singhania (5.73%), Raghupati Singhania HUF (5.73%), and Anshuman Singhania HUF (5.59%) — were transferred to the new entity YPL Enterprises Pvt. Ltd. on September 19, 2025, through an off-market trade without any consideration. The total promoter and promoter group shareholding remains unchanged at 82,58,454 shares (72.42%) of the company. The partners continue to hold additional shares in their individual or HUF capacity separately.
This is a purely internal restructuring within the promoter group — a partnership firm converting into a private limited company — and does not change the overall promoter shareholding. It is exempt from an open offer under SEBI Takeover Regulations. There should be no material impact on the stock price or minority shareholders.