Inter-se promoter group share transfer by gift at Yug Decor
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Yug Decor informed BSE about inter-se transfer of 21,05,405 shares among promoter and promoter group via gift deeds, exempt under SEBI SAST Regulation 10(1)(a). Nisha Chandresh Saraswat received 18,05,405 shares (5.44% plus 5.72%) from Abha and Santoshkumar Saraswat, raising her stake from 8.01% to 19.17%. Pooja Saraswat received 3,00,000 shares (1.85%) from Santoshkumar Saraswat, raising her stake from 3.12% to 4.97%. No consideration was paid. Aggregate promoter group shareholding remains unchanged. Described as a private family arrangement for succession planning.
Neutral for shareholders. No change in total promoter holding; only a reshuffle within the promoter family via gifts, so no open offer triggered.