The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Lalit Kumar Daga
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Lalit Kumar Daga, a member of the promoter group of Hind Aluminium Industries Ltd, transferred 46,768 shares (0.74% of the company) to his son Raghav Daga on 18 July 2025 through an off-market inter-se transfer. After this transfer, Lalit Kumar Daga's individual holding in the company reduced from 9.45% (5,95,616 shares) to 8.71% (5,48,848 shares). Since both the transferor and transferee belong to the promoter group, the aggregate promoter group shareholding in the company remains unchanged. The disclosure was filed under Regulation 29(2) of SEBI (SAST) Regulations, 2011.
This is a family-level reshuffling of shares within the promoter group and does not change the total promoter ownership in the company. Retail investors are unlikely to see any material impact on the stock price or promoter control from this transfer.