The Company has received the disclosure under Regulation 29 of SEBI (SAST) Regulations, 2011 which were submitted to BSE and the same are attached for your records.
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Hind Aluminium Industries informed BSE about an inter-se transfer of 7,11,404 shares (11.29% of equity) within the promoter and promoter group, executed off-market on 16-18 July 2025. Promoter Raghav Daga received 46,768 shares (0.74%) from Lalit Kumar Daga, 5,54,636 shares (8.80%) from Sheela Daga, and 1,10,000 shares (1.75%) from L.K. Daga & Sons HUF. As a result, Raghav Daga's individual holding rose sharply from 3.99% (2,51,276 shares) to 15.28% (9,62,680 shares). The transferors — including Sheela Daga and L.K. Daga & Sons HUF — have moved to nil holdings, while Lalit Kumar Daga's holding fell from 9.45% to 8.71%. This is effectively a family-level consolidation of shares within the Daga promoter family.
Total promoter group ownership remains unchanged, so there is no material change in control or free-float, meaning minimal impact on the stock price. The move signals succession planning within the promoter family, with shares being concentrated in Raghav Daga (son of Lalit Kumar Daga and Sheela Daga).