Mittal Life Style Limited has informed the Exchange regarding ''Sell of 3.04% equity shares by JK Infrasol Private Limited (Formerly known as JK Denim Fab Private Limited) (Promoter) to Mrs. Sudha Mittal (Promoter group entity)."
MITTAL · price
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Mittal Life Style Limited informed the exchange that JK Infrasol Private Limited (a promoter entity, formerly JK Denim Fab Private Limited) has sold 3.04% of the company's equity shares to Mrs. Sudha Mittal, who belongs to the promoter group. This is an internal reshuffling of shares within the promoter group, with no change in the total promoter shareholding of the company. No outside party is involved in the transaction.
This is a transfer between promoter group entities, so the overall promoter holding and control of the company remain unchanged. There is no material impact on minority shareholders or the stock price from this transaction.