The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Lalit Kumar Daga
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Lalit Kumar Daga, a member of the promoter group of Hind Aluminium Industries Ltd, has transferred his entire holding of 5,48,848 equity shares (8.71% of total equity capital) to his son Shailesh Daga on 30 July 2025. The transfer was carried out off-market as an inter-se promoter group transfer, meaning the shares moved within the same family/promoter group. After this transfer, Lalit Kumar Daga holds zero shares in the company, while his son's holding rises to 8.71%. The total promoter group stake in the company remains unchanged at the consolidated level, as this is purely a reshuffle among family members.
This is a neutral, family-level restructuring event with no impact on overall promoter shareholding or company control. Retail investors should not read this as a signal of promoter exit or entry; the business and control structure remain unchanged.