The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Subhas Chandra Agarwalla & Others
MAITHANALL · price
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Maithan Alloys disclosed an inter-se transfer by way of gift of 1,21,967 equity shares (0.42% of paid-up capital) among promoter and promoter group members on 23rd July 2025. Mrs. Sheela Devi Agarwalla gifted her shares, which were received by Mr. Subhas Chandra Agarwalla (41,567 shares), Mr. Subodh Agarwalla (25,000 shares), Mr. Sudhanshu Agarwalla (25,000 shares), Mrs. Mitu Agarwalla (15,000 shares), and Mrs. Tripti Agarwalla (15,400 shares). The total promoter group holding remains unchanged at 74.96% of the company's paid-up share capital (2,18,22,326 shares) both before and after the transfer. This is essentially a family-level share reorganisation with no impact on overall promoter control.
No material impact on shareholders or stock price — the overall promoter group stake stays flat at 74.96%, and this is a routine intra-family share reshuffling (gift), not an open-market buy or sell.