Disclosure under regulation 7(2) of SEBI (Prohibition of Insider Trading) regulation, 2015 and Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
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Mr. Kripal Singh Bhatia, a promoter of Hemang Resources Ltd, transferred 840 equity shares (0.0064% of total equity share capital) to his grandson Mr. Harnishpal Singh Bhatia as an off-market gift on June 17, 2025. After this transfer, Mr. Kripal Singh Bhatia's holding stands at Nil, while the shares move within the promoter family. The disclosure has been filed under SEBI's Insider Trading and Takeover Regulations. This is an intra-family arrangement and does not involve any market sale or change in overall promoter group control.
This is a minor, non-commercial transfer within the promoter family and has no meaningful impact on the company's total promoter shareholding or stock price. Retail investors need not be concerned as ownership remains within the promoter group.