Ester Industries Limited has informed the Exchange regarding 'Disclosure under Regulation 10(6) of SEBI (SAST) Regulations, 2011'.
ESTER · price
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Ester Industries informed the exchanges that Mr. Ayush Vardhan Singhania, a member of the Promoter Group, acquired 756,285 equity shares (representing 0.77% of voting rights) from Mr. Arvind Singhania through an off-market inter-se transfer by way of Gift. The acquisition was completed on 24th March 2026, with prior disclosure made under Regulation 10(5) on 18th March 2026. Post-transaction, Ayush Vardhan Singhania's holding increased from 0.18% (178,033 shares) to 0.95% (934,318 shares), while Arvind Singhania fully exited his direct holding. The total promoter group shareholding remains unchanged as the transfer is internal between group members, and the transaction is exempt from open offer requirements under Regulation 10(1)(a)(i) & (ii).
This is an internal promoter group reshuffle with no change in the overall promoter shareholding or voting control, so there is no material impact on the stock price. The move appears to be part of estate/succession planning within the Singhania family, with shares being transferred as a gift.