The Exchange has received the disclosure under Regulation 10(7) in respect of acquisition under Regulation 10(1)(a)(i)of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....
INSECTICID · price
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Insecticides (India) Ltd has filed a Regulation 10(7) report regarding the transfer of 1,96,83,052 equity shares (67.65% of share capital) from six individual promoters to four family trusts on January 21, 2026. The transfer was effected by way of gift without monetary consideration, as a private family arrangement for succession planning and internal reorganisation. SEBI had granted exemption from the open offer requirements under Regulations 3(1) and 4 vide its order dated December 2, 2025. After the transaction, Sanskriti Family Trust holds the dominant stake at 64.66%, while Akshay, EJ, and KBZ Private Trusts hold smaller stakes of 0.69%, 1.03%, and 1.27% respectively. All individual promoter sellers have reduced their holdings substantially, with three of them going to zero. The trusts are now classified as part of the promoter and promoter group.
This is a non-commercial, internal family restructuring with no cash consideration and no change in the promoter group's overall ~67.65% shareholding, so there is no direct material impact on minority shareholders or the stock price.