Super Sales India Completes Promoter Share Transfer of 3 Lakh Equity Shares

Promoters of Super Sales India Limited have successfully completed an inter-se transfer of equity shares among promoter group members. The transaction involved the acquisition of 3,00,000 equity shares from LMW Limited, executed on December 23, 2025, as disclosed in regulatory filings with BSE Limited.

Transaction Execution Details

The share transfer involved four acquiring entities, all disclosed as promoters or members of the promoter group in Super Sales India's shareholding pattern:

Acquiring Entity:	Shares Acquired	Percentage Acquired	Post-Acquisition Holding (%)
Sanjay Jayavarthanavelu	96,550	3.14%	3.15%
Shivali Jayavarthanavelu	69,000	2.25%	10.12%
Quattro Engineering India Private Limited	41,300	1.34%	31.94%
Revantha Services Private Limited	93,150	3.03%	7.29%

Regulatory Framework and Compliance

The transaction was executed as an inter-se transfer of shares among persons belonging to the promoter/promoter group. Revantha Services Private Limited, acting on behalf of all acquirers in concert, filed the necessary disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 with BSE Limited on December 24, 2025.

Pre and Post Transaction Holdings

Before the acquisition, the promoter and promoter group collectively held 8,25,395 equity shares representing 59.43% of the total share capital. The regulatory filing confirms detailed shareholding patterns of all promoter group entities:

Key Shareholders (Before):	Holding	Percentage
Quattro Engineering India Private Limited	9,39,590	30.59%
J. Rajyalakshmi	1,04,400	3.40%
Revantha Services Private Limited	1,30,673	4.25%
Shivali Jayavarthanavelu	2,41,700	7.87%

Impact on Ownership Structure

Despite the redistribution of shares among promoter group members, the aggregate holding of the promoter and promoter group before and after the transaction remains unchanged at 59.43%. The total share capital of Super Sales India Limited stands at 30,71,500 equity shares of ₹10.00 each.

Documentation and Regulatory Filing

The comprehensive disclosure filed with BSE Limited includes detailed transaction information and compliance declarations as required under the takeover regulations. The filing was signed by D. Amudha, Director of Revantha Services Private Limited (DIN: 08758328) on behalf of all acquiring parties, and by C.R. Shivkumaran, Company Secretary of LMW Limited as the seller.

The transaction reflects an internal restructuring among Super Sales India's promoter group members, maintaining the existing ownership framework while redistributing individual shareholding percentages within the group.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.56%	+0.59%	-4.82%	-23.91%	-44.56%	+99.74%

Super Sales has received a GST demand notice from tax authorities, as disclosed in a regulatory filing under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements.

GST Demand Details

The textile company received the demand notice from the Assistant Commissioner, Trichy Road Circle, Coimbatore. The notice pertains to the financial year 2020-21 and carries significant financial implications for the company.

Component	Amount (₹)
Tax	4,72,456
Interest	3,67,334
Penalty	84,346
Total Demand	9,24,136

Nature of Non-Compliance

The GST authorities have identified specific aberrations in the company's tax compliance during the period. The demand notice addresses the following issues:

ITC (Input Tax Credit) claimed from blocked accounts
Claims related to cancelled dealers
Reconciliation differences in GST filings

These compliance gaps have resulted in the substantial demand being raised by the tax authorities for the assessment period of 2020-21.

Company's Response and Impact Assessment

Super Sales India Limited has indicated its intention to comply with the demand notice. The company has stated that it will make the payment for the above-mentioned demand amount of ₹9.24 lakh.

Regarding the financial impact, the company has assessed that there will be no material impact on its financials, operations, or other business activities due to this GST demand. This suggests that the company has adequate resources to handle the payment without affecting its operational capabilities.

Regulatory Compliance

The disclosure was made in compliance with SEBI regulations, specifically under Regulation 30(13) which mandates disclosure of communications from regulatory, statutory, enforcement, or judicial authorities. The company secretary, SK Radhakrishnan, has certified that the information provided is true, correct, and complete to the best of his knowledge and belief.

The company's registered office is located at 34-A, Kamaraj Road, Coimbatore-641018, and this regulatory communication demonstrates the company's commitment to maintaining transparency with its stakeholders regarding material developments.