Raj Oil Mills Limited has informed the Exchange regarding 'Disclosure under Regulation 7(2) in respect of sale of Equity shares of the company through inter-se transfer'.
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Raj Oil Mills Limited has disclosed to the Exchange a transfer of equity shares within its promoter group (inter-se transfer) under Regulation 7(2) of the SEBI Insider Trading Regulations. Inter-se transfers involve movement of shares between promoter/promoter group entities, such as from one promoter entity to another, rather than a sale to outside parties. The exact number of shares and the entities involved have not been disclosed in this headline. Because it is an internal reshuffle within the promoter group, the overall promoter shareholding of the company typically remains unchanged.
Since this is an inter-se transfer within the promoter group, there is usually no direct impact on total promoter holding or the stock price. Shareholders should watch for any accompanying filings that reveal the size or direction of the transfer to understand if any promoter entity is materially reducing its stake.