Disclosure of interse transfer among promoters is enclosed
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Awaiting price reaction for this filing.
Mr. Akhil Mahajan (son, part of promoter group) will acquire 37,53,575 equity shares of Uniroyal Industries Ltd by way of gift from his parents — Mr. Arvind Mahajan (father) is transferring 26,29,131 shares and Mrs. Rashmi Mahajan (mother) is transferring 11,24,444 shares — on 18.02.2026. This is an internal family reshuffling with no consideration paid. Akhil Mahajan's individual stake in the company rises sharply from 6.33% to 51.73%, while the parents' stakes drop to 0%. The aggregate promoter and promoter group holding remains unchanged at 55.89% of the total share capital. The transfer falls under Regulation 10(1)(a)(i) exemptions, so no open offer is triggered.
No impact on total promoter ownership or on minority shareholders — the overall promoter group stake stays at 55.89%. Consolidation of voting power into the younger family member (Akhil Mahajan) gives him majority individual control within the promoter group, which could matter for future decision-making but does not affect the stock price.