The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....
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Hind Aluminium Industries has disclosed a proposed inter-se transfer of 13,67,252 equity shares (21.70% of share capital) within its promoter family, expected to take effect on or after 30 June 2025. The transfer is essentially a family restructuring where Lalit Kumar Daga (father) is gifting/transferring shares to his two sons — Shailesh Daga and Raghav Daga — along with contributions from Sheela Daga and two Hindu Undivided Families (HUFs). After the transfer, Shailesh Daga will hold 9,06,830 shares (14.39%) and Raghav Daga will hold 9,62,680 shares (15.28%), while the original transferors will go to zero holdings. The aggregate promoter and promoter group holding remains unchanged at 29.67% before and after the transaction, so there is no change in overall control.
This is purely a within-family reshuffle of promoter holdings with no impact on the company's public shareholding pattern or aggregate promoter stake. Shareholders should see no change in control or open-market implications; the transaction only redistributes existing promoter family equity between family members.