The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rajinder Singh Chadha
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Awaiting price reaction for this filing.
Promoter Jatinder Kaur Chadha has transferred 13,88,590 equity shares (13.61% of the company's paid-up capital) to fellow promoter Mr. Rajinder Singh Chadha through an off-market gift transfer on November 21, 2025. The disclosure was filed under SEBI SAST Regulation 29(2), showing Mrs. Chadha's holding dropping from 13.61% to 0%. The company's total paid-up equity capital remains unchanged at INR 6.14 crore. This is purely an inter-promoter (inter-se) transfer within the promoter family, with no money exchanged and no change in total promoter group shareholding.
No material impact on share price or shareholder value — this is an internal reshuffle within the promoter family. Total promoter ownership in the company stays the same, so control and minority shareholder interests are unaffected.