The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....
BILVYAPAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mrs. Kalpana Brajbhushan Binani, part of the promoter group, is gifting 3,43,266 equity shares (1.095% of total share capital) of Binani Industries Ltd to her daughter Mrs. Vidushi Binani on or after 23/05/2025. The transaction is a gift with no monetary consideration involved. After the transfer, the acquirer's holding rises from 150 shares (0.00%) to 3,43,416 shares (1.09%), while the seller's holding drops from 13,73,065 (4.38%) to 3,43,267 (1.095%). Since both parties belong to the promoter group, the total promoter group shareholding in the company remains unchanged. The filing is made under Regulation 10(1)(a)(ii) of SEBI SAST Regulations, which exempts such inter se transfers between immediate relatives from the open offer requirement.
This is a private family arrangement within the promoter group with no change in total promoter shareholding and no open market buying or selling. Retail investors should not expect any impact on stock price or promoter control from this transaction.