The Company has received the disclosure under Regulation 29 of SEBI (SAST) Regulations, 2011 which were submitted by Promoters/ Promoter Group to Stock Exchange and the same attached for ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
On 30 July 2025, promoter Shailesh Daga acquired 6,55,848 shares (10.41%) of Hind Aluminium Industries through an off-market inter-se transfer/gift within the promoter group. The shares came from his father Lalit Kumar Daga (5,48,848 shares or 8.71%) and the family HUF, Lalit Shailesh Daga HUF (1,07,000 shares or 1.70%). After this transfer, Shailesh Daga's stake rose from 3.98% to 14.39% of the company, while Lalit Kumar Daga and the HUF's holdings dropped to zero. The total promoter group shareholding remains unchanged as this is a reshuffling of assets among family members. The company's equity share capital remains at Rs 6.30 crore (63,00,200 shares of Rs 10 each).
Neutral for minority shareholders — this is purely an internal family restructuring (father gifting shares to son) with no change in the overall promoter group's combined holding or control of the company. No direct effect on stock price is expected.