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Awaiting price reaction for this filing.
Mrs. Rashmi Mahajan, part of the promoter group of Uniroyal Industries Ltd, received 713,475 equity shares as a gift from her son Mr. Abhay Mahajan on January 12, 2026. No consideration was paid as the transfer was made by way of gift. After this transfer, Rashmi Mahajan's individual holding in the company rose from 4.97% (410,969 shares) to 13.60% (1,124,444 shares). However, the aggregate holding of the promoter and promoter group remains unchanged because both individuals are part of the same promoter family. The transaction qualifies as an inter-se transfer under SEBI (SAST) Regulation 10(1)(a)(i) and is exempt from open offer requirements.
This is a simple reshuffling of shares within the promoter family with no change in total promoter ownership or any fresh inflow/outflow of money. There is no material impact on the stock price or minority shareholders, as the controlling interest remains intact.