AGI Infra Limited Files Prior Intimation for Promoter Group Share Transfer Through Gift
AGI Infra Limited has submitted formal prior intimation to stock exchanges for a proposed inter-se transfer of 2,15,60,000 equity shares (17.65%) to Harbans Kaur from promoter group members through gift transfer. The company has also filed comprehensive encumbrance disclosures confirming no encumbrances on promoter group shares for financial years 2023, 2024, and 2025.

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AGI Infra Limited has filed formal regulatory documents with BSE Limited and National Stock Exchange regarding a proposed acquisition of equity shares through gift transfer under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction involves an inter-se transfer within the promoter group scheduled for execution on or after February 26, 2026.
Formal Regulatory Filing Details
The company submitted the prior intimation on February 19, 2026, through email to both stock exchanges. The filing includes comprehensive disclosures under Regulation 10(5) of SEBI Takeover Regulations for the proposed acquisition by way of gift.
| Parameter | Details |
|---|---|
| Filing Date | Feb 19, 2026 |
| Acquirer | Smt. Harbans Kaur |
| Relationship | Mother of Mr. Bikramjit Singh and Mr. Ranjit Singh |
| Proposed Date | On or after Feb 26, 2026 |
| Total Shares | 2,15,60,000 Equity Shares |
| Voting Rights | 17.65% of Target Company |
| Consideration | Nil (Gift transfer) |
Share Transfer Breakdown
The proposed transaction involves shares from two promoter group members being transferred to Harbans Kaur at nil consideration as an inter-se transfer between immediate relatives.
| Transferor | Shares to be Transferred | Percentage |
|---|---|---|
| Mr. Bikramjit Singh | 34,30,000 Equity Shares | 2.81% |
| Mr. Ranjit Singh | 1,81,30,000 Equity Shares | 14.84% |
| Total | 2,15,60,000 Equity Shares | 17.65% |
Shareholding Pattern Changes
The transaction will result in changes to individual shareholdings while maintaining overall promoter group holdings at 72.94%.
| Shareholder | Before Transaction | After Transaction |
|---|---|---|
| Harbans Kaur | Nil (0.00%) | 2,15,60,000 shares (17.65%) |
| Bikramjit Singh | 34,30,000 shares (2.81%) | Nil (0.00%) |
| Ranjit Singh | 1,81,30,000 shares (14.84%) | Nil (0.00%) |
| Others in Promoter Group | 6,75,54,100 shares (55.30%) | 6,75,54,100 shares (55.30%) |
| Total Promoter Group | 8,91,14,100 shares (72.94%) | 8,91,14,100 shares (72.94%) |
Regulatory Compliance and Market Price
The company has declared compliance with all conditions specified under Regulation 10(1)(a) of the Takeover Regulations regarding exemptions. The shares are frequently traded, with a volume weighted average market price of Rs. 271.12 for the 60 trading days preceding the notice date. The acquirer has confirmed that both transferor and transferee have complied with applicable disclosure requirements under Chapter V of the Takeover Regulations during the three years prior to the proposed acquisition.
Encumbrance Disclosures
AGI Infra Limited has filed comprehensive encumbrance disclosures under regulation 31(4) of SEBI Takeover Regulations for multiple financial years. Salwinderjit Kaur, representing the promoters and promoter group, has declared no encumbrances on equity shares held by the promoter group during the financial years ended March 31, 2023, March 31, 2024, and March 31, 2025.
| Promoter Group Members | Category |
|---|---|
| Sukhdev Singh Khinda | Promoter |
| Salwinderjit Kaur | Promoter |
| Bikramjit Singh | Promoter Group |
| Ranjit Singh | Promoter Group |
| Abhijit Singh Khinda | Promoter Group |
Historical Stock Returns for AGI Infra
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.75% | +13.82% | -1.56% | +15.43% | +68.47% | +209.30% |






























