Ashwani Kumar Arora has Submitted to the Exchange a copy of Disclosure under Regulation 10 (5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
LTFOODS · price
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Awaiting price reaction for this filing.
LT Foods promoter Ashwani Kumar Arora is set to acquire 11,54,405 equity shares (0.33% of the company's share capital) from fellow promoter Surinder Kumar Arora through an off-market gift transfer with no consideration involved. After the transaction, Ashwani Kumar Arora's holding will rise from 6.62% to 6.95%, while Surinder Kumar Arora's stake will drop from 6.62% to 6.29%. The transfer is expected to take place on or after January 2, 2026, and is exempt from the open offer requirement under Regulation 10(1)(a) of SEBI SAST Regulations. Since both parties are promoters, the total promoter group shareholding in LT Foods remains unchanged — this is purely an internal reshuffle within the promoter family.
No material impact on shareholders or stock price expected, as the transfer is an internal promoter family arrangement with no change in total promoter ownership. Investors can treat this as a neutral, administrative event.