BSESuper Tannery LtdHighPositive
Announced Tue, 1 Apr · 10:37 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Iftikharul Amin & Others

Ownership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Super Tannery Limited promoters have reshuffled shareholdings within the promoter family. A total of 2,05,17,300 equity shares (19.00% of the company) were transferred by way of gift on March 28-29, 2025, from Veqarul Amin and Rumana Amin (sellers) to six promoter group members: Iftikharul Amin, Tanveerul Amin, Farah Fatima, Ismat Iqbal, Mubashirul Amin, and Umairul Amin. After the transfer, individual holdings range from 5.27% (Mubashirul and Umairul Amin) to 14.11% (Iftikharul Amin), with Ismat Iqbal crossing 10% at 10.31%. The total promoter group holding remains unchanged at 58.42% (6,30,77,723 shares), confirming this is purely an internal family reorganisation with no impact on overall promoter control or the company's share capital.

Likely market impact

No material impact on shareholders or stock price — this is an internal promoter family gift transfer that does not change total promoter ownership (still 58.42%) or the company's equity base. Investors should note it is a disclosure formality under SEBI takeover rules.