Cybele Industries Promoters Set for Significant Inter-se Share Transfer Through Gift Transactions
Cybele Industries Limited announced a significant reshuffling of promoter shareholding through gift transactions. Thomas P Joy and George P Joy will acquire a combined 39.18% stake from their parents, Mr. Joykutty and Mrs. Annamma Joy. The transfer, scheduled for November 18, 2025, will dramatically alter the ownership structure within the promoter group. Post-transfer, Thomas P Joy's holding will increase to 31.82% from 13.79%, while George P Joy's stake will rise to 32.19% from 14.05%. The parents' holdings will decrease to 4.03% each. The transaction complies with SEBI regulations and involves no monetary consideration.

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Cybele Industries Limited is set to witness a substantial reshuffling of its promoter shareholding through a series of gift transactions. The company has announced that two of its promoters, Thomas P Joy and George P Joy, will acquire significant stakes from their parents, Mr. Joykutty and Mrs. Annamma Joy, in a move that will dramatically alter the ownership structure within the promoter group.
Key Details of the Share Transfer
The proposed inter-se transfer, scheduled to take place on or after November 18, 2025, involves a total of 39.18% of the company's shares. Here's a breakdown of the transaction:
| Transferor (Seller) | Transferee (Acquirer) | Shares to be Transferred | % of Total Shareholding |
|---|---|---|---|
| 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% |
Impact on Shareholding Pattern
The gift transaction will result in a significant redistribution of shares within the promoter group:
| Promoter | Pre-Transfer Holding | Post-Transfer Holding |
|---|---|---|
| Thomas P Joy | 13.79% | 31.82% |
| George P Joy | 14.05% | 32.19% |
| Mr. Joykutty | 28.36% | 4.03% |
| Mrs. Annamma Joy | 15.87% | 4.03% |
Regulatory Compliance
The company has emphasized that this inter-se transfer falls under the exemption provisions of SEBI regulations, specifically Regulation 10(1)(a)(i) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This exemption applies to transfers between immediate relatives who are part of the promoter group.
Key Points to Note
- The transfer will be executed as a gift, with no monetary consideration involved.
- The aggregate promoter group holding will remain unchanged after the transaction.
- The company has confirmed compliance with all applicable disclosure requirements under Chapter V of the SEBI (SAST) Regulations, 2011.
- The transfer was initially planned for March 18, 2025, but was postponed due to the Trading Window Closure Period.
This significant reshuffling of shares within the promoter group of Cybele Industries reflects a generational shift in ownership, with the younger generation of the Joy family set to take on larger stakes in the company. While the overall promoter holding remains constant, the individual control within the group will see a marked change, potentially influencing the company's future direction and decision-making processes.
Investors and market watchers will likely keep a close eye on any subsequent changes in the company's management or strategic direction following this substantial ownership realignment.
Historical Stock Returns for Cybele Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +5.00% | +27.54% | +35.94% | +62.78% | -8.74% | +403.80% |




























