The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Milli Navin Goliya & PACs
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Mrs. Milli Navin Goliya, a person acting in concert (PAC) with the promoter group, has received 5,000 equity shares of Kusam Electrical Industries Ltd as a gift from Mr. Jhanwarlal Bhanwarlal Sipani, a Promoter/Director. After the gift, her individual holding stands at 22,500 shares. The aggregate promoter/PAC group holding remains unchanged at 1,50,700 shares, representing 62.80% of the company's paid-up equity capital (2,40,000 shares of Rs. 10 each, totalling Rs. 24 lakh). The transaction is an inter-se transfer by way of gift and was disclosed on 24/06/2025. There is no change in the overall promoter group's voting power or control of the company.
This is an internal reshuffle within the promoter family and is neutral for shareholders. The total promoter stake, voting rights, and control of the company remain unchanged, so there is no material impact on the stock price or minority shareholders.