The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Iftikharul Amin & Others
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Awaiting price reaction for this filing.
Six members of the promoter/promoter group of Super Tannery Ltd — Iftikharul Amin, Tanveerul Amin, Farah Fatima, Ismat Iqbal, Mubashirul Amin, and Umairul Amin — acquired a total of 2,05,17,300 equity shares (19% of the company's share capital) from fellow promoters Veqarul Amin (16.56%) and Rumana Amin (2.44%) on March 28–29, 2025. The shares were transferred by way of gift, so no cash was involved. The acquirers' collective holding rose from 27.75% to 46.75% post-transaction, while the two sellers' holdings went to zero. The prior Reg 10(5) disclosure was filed on December 9, 2024, and the transaction qualifies for exemption from open offer under Reg 10(1)(a)(ii) as an inter se promoter transfer.
This is purely a reshuffle within the promoter family with no change in total promoter control and no cash flow. It is neutral for stock price and minority shareholders, with no open offer obligation triggered.