The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....
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Anita Kaushik, a member of the promoter group of Inflame Appliances Ltd, has informed the stock exchange about a proposed acquisition of 13,20,600 equity shares (17.63% of total shareholding) from Aditya Kaushik via an inter-se transfer by way of gift. No cash consideration is involved as this is a private family arrangement between promoter group members. The transaction is exempt from open offer requirements under Regulation 10(1)(a)(ii) of SEBI SAST Regulations. The proposed date of acquisition is September 15, 2025.
This is a reshuffling of shares within the promoter family with no change in total promoter group shareholding or any cash outflow. No material impact on the stock price is expected since the promoter group's collective stake remains unchanged and no open offer is triggered.