Hind Aluminium Industries Limited has issued a clarification to BSE Limited regarding recent movements in its share price, responding to an exchange inquiry dated December 30, 2025. The company addressed concerns about price volatility while reaffirming its regulatory compliance standards.

Exchange Inquiry Response

The company received a formal inquiry from BSE's Corporate Relationship Department through email reference L/SURV/ONL/PV/AJ/2025-2026/3249, seeking clarification on recent price movements in the company's security. This inquiry prompted the management to provide a comprehensive response regarding market activity and regulatory adherence.

Company's Position on Price Movement

Hind Aluminium Industries attributed the recent share price changes entirely to market circumstances driven by broader market conditions. The company emphasized that it has consistently communicated all relevant events and information impacting its operations and performance to BSE as required under regulatory frameworks.

Regulatory Compliance Confirmation

The management confirmed full compliance with Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated it has consistently disclosed all price-sensitive information and events affecting its business operations to the stock exchange in a timely manner.

Company Secretary and Compliance Officer Ankita Vishwakarma digitally signed the response, reinforcing the company's commitment to maintaining transparency with regulatory authorities. The clarification document was formally submitted on December 30, 2025, at 16:56:44 IST.

Future Disclosure Commitments

Hind Aluminium Industries assured BSE of its continued commitment to regulatory compliance and timely information disclosure. The company pledged to keep the stock exchange informed of any material developments or events as they occur, maintaining adherence to SEBI guidelines and ensuring market transparency.

Hind Aluminium Industries Limited , a prominent player in the aluminium industry, has reported a significant inter-se transfer of shares within its promoter group. The transaction involved the transfer of a 10.41% stake in the company.

Details of the Share Transfer

According to the disclosure made by the company to the BSE Limited, the following transfers were executed:

The transfer was completed through an off-market transaction, with Shailesh Daga acquiring shares from two promoter group entities.

Regulatory Compliance

The company has clarified that this inter-se transfer falls under the exemption provided by Regulation 10(1)(a)(ii) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This exemption applies to transfers among immediate relatives within the promoter group.

Impact on Shareholding Structure

It's important to note that despite this substantial transfer, the aggregate holding of the promoter and promoter group remains unchanged. This internal restructuring does not alter the overall promoter stake in Hind Aluminium Industries Limited.

Disclosure and Transparency

In compliance with regulatory requirements, Hind Aluminium Industries Limited has made the necessary disclosure under Regulation 10(6) of the SEBI (SAST) Regulations. The company's Company Secretary and Compliance Officer, Ankita Vishwakarma, submitted the required documentation to the BSE.

This inter-se transfer highlights the ongoing dynamics within the promoter group of Hind Aluminium Industries Limited, while maintaining transparency with the market regulators and shareholders.