Cybele Industries Files SAST Compliance Documentation for Promoter Share Transfers

2 min read     Updated on 24 Dec 2025, 12:12 AM
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Reviewed by
Naman SScanX News Team
AI Summary

Cybele Industries Limited completed its SAST regulatory compliance by filing comprehensive documentation with BSE Limited on December 20, 2025, relating to the inter-se transfer of 38,69,032 shares (36.17%) among promoter family members executed on November 27, 2025. The transaction involved gifts from Mr. Joykutty and Mrs. Annamma Joy to their sons Thomas P Joy and George P Joy, resulting in significant redistribution within the promoter group while maintaining the aggregate holding at 64.01%.

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Cybele Industries Limited has completed its regulatory compliance process by filing comprehensive SAST (Substantial Acquisition of Shares and Takeovers) documentation with BSE Limited on December 20, 2025. The filings relate to the inter-se transfer of shares among promoter family members that was executed on November 27, 2025.

Transaction Details and Regulatory Compliance

The share transfer involved the gift of equity shares from Mr. Joykutty and Mrs. Annamma Joy to their sons, Thomas P Joy and George P Joy. The transaction was completed on November 27, 2025, and required multiple regulatory disclosures under SEBI regulations.

Parameter: Details
Transaction Date: November 27, 2025
Filing Date: December 20, 2025
Total Shares Transferred: 38,69,032
Percentage of Total Shareholding: 36.17%
Transfer Mode: Gift between immediate relatives

Detailed Share Transfer Breakdown

The inter-se transfer was structured as follows among the promoter family members:

Transferor: Transferee: Shares Transferred: Percentage:
Mr. Joykutty Thomas P Joy 13,20,039 12.34%
Mrs. Annamma Joy Thomas P Joy 6,08,477 5.69%
Mr. Joykutty George P Joy 12,82,039 11.99%
Mrs. Annamma Joy George P Joy 6,58,477 6.16%

Post-Transaction Shareholding Pattern

Following the completion of the share transfer, the shareholding pattern within the promoter group has been significantly restructured:

Promoter Name: Pre-Transaction Holding: Post-Transaction Holding:
Thomas P Joy: 14,74,958 (13.79%) 34,03,474 (31.82%)
George P Joy: 15,02,650 (14.05%) 34,43,166 (32.19%)
Mr. Joykutty: 30,32,974 (28.36%) 4,30,896 (4.03%)
Mrs. Annamma Joy: 16,97,850 (15.87%) 4,30,896 (4.03%)

Regulatory Framework and Exemptions

The transaction falls under the exemption provisions of Regulation 10(1)(a)(i) of SEBI (SAST) Regulations, 2011, which covers transfers between immediate relatives within the promoter group. The company has filed comprehensive disclosures under multiple regulations including Regulation 10(5), 10(6), 10(7), and 29(1) and 29(2) of SEBI (SAST) Regulations.

Key Compliance Highlights

  • The aggregate promoter group holding remains unchanged at 64.01% after the transaction
  • All required pre and post-transaction disclosures have been filed with BSE Limited
  • The transfer involved no monetary consideration as it was executed as a gift
  • SEBI filing fees of ₹1,77,000 (including 18% IGST) were paid for the regulatory compliance

This comprehensive regulatory filing demonstrates Cybele Industries' commitment to transparency and compliance with SEBI regulations. The generational shift in shareholding within the Joy family reflects a strategic transition while maintaining the overall promoter group control at the same level.

Historical Stock Returns for Cybele Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+4.98%+3.87%-12.25%+85.49%+136.63%+503.01%

Cybele Industries Completes Sale of Land Properties Worth Rs. 13.10 Crore

1 min read     Updated on 25 Nov 2025, 04:32 PM
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Reviewed by
Shriram SScanX News Team
AI Summary

Cybele Industries Limited has sold its non-core land assets in Chinnaobalapuram Village, Tamil Nadu, to M/s. Svarjite Properties LLP for Rs 13,10,17,000. The sale agreement was executed on November 24, 2025, following shareholder approval obtained through a postal ballot in June 2024. This strategic move aligns with the company's asset management strategy and complies with regulatory requirements under the Companies Act, 2013.

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Cybele Industries Limited , a company known for its wires and cables business, has successfully concluded the sale of its non-core land assets in Tamil Nadu for Rs 13.10 crores. The transaction, completed on November 24, 2025, marks a significant move in the company's asset management strategy.

Transaction Details

The land properties sold by Cybele Industries are located in Chinnaobalapuram Village, Tamil Nadu. The buyer, M/s. Svarjite Properties LLP, has acquired these non-core assets for a consideration of Rs 13,10,17,000 (Thirteen Crores Ten Lakhs Seventeen Thousand Only).

Timeline and Approvals

Event Date
Sale Agreement Execution November 24, 2025
Shareholder Approval June 2024

Shareholder approval was obtained through a postal ballot under Section 180(1)(a) of the Companies Act, 2013.

Key Points

  • Non-Core Asset Disposal: The sold properties were classified as non-core assets, indicating that they were not essential to the company's primary business operations.

  • Regulatory Compliance: The transaction adheres to the necessary regulatory requirements.

  • Shareholder Approval: Prior approval from shareholders was obtained through postal ballot, demonstrating transparency and adherence to corporate governance practices.

  • Value Realization: The sale amount of Rs. 13.10 crore represents a significant value realization for the company's non-core assets.

Implications

This land sale represents a strategic move by Cybele Industries to potentially streamline its asset portfolio and focus on its core business of wires and cables. The substantial amount received from the sale could provide the company with additional liquidity for future investments or operational improvements.

As the transaction involves non-core assets, it is unlikely to have a significant impact on the company's primary business operations. However, it may contribute to a more optimized balance sheet and potentially create value for shareholders.

Investors and market analysts will likely be keen to see how Cybele Industries utilizes the proceeds from this sale and whether it signals any shift in the company's long-term strategy or focus.

Historical Stock Returns for Cybele Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+4.98%+3.87%-12.25%+85.49%+136.63%+503.01%

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1 Year Returns:+136.63%