The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Lalit Kumar Daga HUF
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Lalit Shailesh Daga HUF, part of the promoter group of Hind Aluminium Industries Ltd, has transferred 1,07,000 equity shares (1.70% of the company's share capital) to Shailesh Daga, a coparcener of the same HUF, via an off-market deal on 30 July 2025. Before the transfer, the HUF held 1,07,000 shares (1.70%); after the transfer, its holding has come down to Nil. The transferee, Shailesh Daga, also belongs to the promoter/promoter group, so the shares have effectively moved within the same promoter family from an HUF entity to an individual member. The company's total equity share capital remains Rs. 6.30 crore, comprising 63,00,200 fully paid-up equity shares of Rs. 10 each.
This is an internal promoter-family reshuffle rather than a genuine sale to outsiders, so the overall promoter group ownership of the company is unchanged and there is no expected impact on the stock price. The visible change is only that a promoter HUF's stake has dropped from 1.70% to zero, with the same shares now sitting in an individual coparcener's name.