BSEBinny Mills LtdLowNeutral
Announced Wed, 1 Jul · 17:21 IST
Promoter V R Venkataachalam acquires 74,600 shares via gift from son at Binny Mills
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Promoter V R Venkataachalam acquired 74,600 equity shares of Binny Mills by way of gift from his son and fellow promoter V Sengutuvan on 29 June 2026. The off-market inter-se transfer represents 2.89 percent of the diluted share capital and was carried out under SEBI SAST Regulation 10(1)(a). Post transaction, V R Venkataachalam's stake rose from 59.62 percent to 62.51 percent, while V Sengutuvan fully exited. No money changed hands as it was a family gift.
Likely market impact
Family reshuffle within promoter group. No cash transaction. Total promoter holding unchanged, neutral for the stock.