Disclosure under Regulation 10(6)- Report to Stock Exchanges in respect of acquisition made in reliance upon exemption provided for in Regulation 10 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 for inter-se transfer of shares between the promoters of the Company
INDSWFTLAB · price
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Ind-Swift Laboratories has disclosed a transaction where shares were transferred between promoters of the company. This is an inter-se transfer, meaning shares moved from one promoter to another, and the company is reporting it under SEBI's Takeover Regulations exemption clause. Such transfers do not change the total promoter group holding but are reported for regulatory compliance. No details on the size of transfer, specific promoters involved, or price were visible in the headline.
Inter-se promoter transfers are typically neutral for shareholders as total promoter ownership remains unchanged. The event signals internal promoter restructuring rather than any change in control or dilution of public shareholding.