Intimation about transmission of shares from the deceased Member belonging to the PromoterGroup of the Company to her Legal Heir
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Awaiting price reaction for this filing.
Transwarranty Finance has informed the stock exchanges that shares held by a deceased member of the promoter group are being transmitted (transferred) to her legal heir. Transmission is the legal process of transferring shares from a deceased shareholder to their rightful heir as per succession law. The total promoter group shareholding remains unchanged; only the ownership within the group shifts to the legal heir. No new shares are being issued or sold in the market as part of this process.
This is a routine procedural disclosure and does not affect the company's total promoter shareholding or float. Investors should not expect any impact on stock price or ownership structure — it is simply a change in the name of the shareholder within the promoter family.