The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sheela Daga
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sheela Daga, part of the promoter group of Hind Aluminium Industries, has disclosed an off-market transfer of 5,54,636 equity shares (8.80% of the company's share capital) to her son Raghav Daga, who also belongs to the promoter group. The transaction is dated 18 July 2025 and is reported under SEBI's SAST Regulation 29(2). Since both the transferor and transferee are members of the promoter group, the total promoter group holding in the company remains unchanged — this is purely an internal family reshuffle.
No material impact on the company or minority shareholders, as the overall promoter group stake and control structure stay the same. The share price is unlikely to be affected since no shares changed hands with outside parties.