Chadha Papers Promoter Transfers 13.88 Lakh Shares as Gift to Fellow Promoter
A significant off-market gift transaction has occurred within Chadha Papers Limited's promoter group. Jatinder Kaur Chadha transferred 13,88,590 shares, representing a 13.61% stake, to Rajinder Singh Chadha. This transfer reduced Jatinder Kaur Chadha's shareholding to zero while increasing Rajinder Singh Chadha's stake. The overall promoter group's ownership in the company remains unchanged.

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In a significant development for Chadha Papers Limited , a major share transfer has occurred within its promoter group. The transaction involves the transfer of a substantial stake through an off-market gift transaction.
Key Details of the Share Transfer
| Aspect | Details |
|---|---|
| Transferor | Jatinder Kaur Chadha |
| Transferee | Rajinder Singh Chadha |
| Number of Shares | 13,88,590 |
| Stake Percentage | 13.61% |
| Mode of Transfer | Off-market gift transaction |
Impact on Shareholding
This transfer has resulted in a notable change in the individual shareholdings within the promoter group:
- Jatinder Kaur Chadha: Her shareholding in Chadha Papers Limited has been reduced to zero following this transaction.
- Rajinder Singh Chadha: As the recipient of the gifted shares, his stake in the company has increased.
Implications for the Company
It's important to note that while this transfer represents a significant shift in individual holdings, it does not affect the overall promoter group's stake in Chadha Papers Limited. The shares remain within the promoter group, maintaining their collective ownership and control over the company.
This type of share transfer, especially when it occurs within a family or promoter group, is not uncommon in Indian companies. It may be part of internal restructuring, succession planning, or other strategic decisions within the promoter group.
Investors and market observers may want to keep an eye on any subsequent regulatory filings or announcements from the company for further insights into this transaction and its potential implications for the company's governance or strategic direction.
Historical Stock Returns for Chadha Paper
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
































