Promoter group inter-se gift transfer of 62.57% shares among family members

Five members of the promoter family received 16,14,854 equity shares (62.57% of capital) of Binny Mills as a gift from promoter VR Venkataachalam, who reduced his stake to zero. Each acquirer (T Amudha, Padma, Dr. Andal Arumugam, S Arundathi, Radha) now holds about 12.5%, with Dr. Andal Arumugam at 12.85%. No cash paid. Filed under Regulation 10(6) of SEBI SAST Regulations as an inter-se transfer exempt from open offer. Total promoter group holding remains unchanged.