Inter-se transfer of 7,93,332 shares within promoter group on HUF dissolution
BENGALASM · price
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Bengal & Assam Company informed BSE about an inter-se transfer of 7,93,332 equity shares (about 6.96% of capital) among promoter group members following dissolution of Shripati Singhania HUF. Shares were moved off-market without any consideration on 18 June 2026 to three co-parceners: Vinita Singhania, Anshuman Singhania, and Shrivats Singhania, receiving 2,64,444 shares each. Each recipient's individual stake rose by 2.32%. Total promoter group holding remains unchanged as this is an internal family reshuffle.
Internal promoter family restructuring due to HUF dissolution; no change in total promoter holding, no cash involved. Neutral for the stock.