IST Limited: Promoter Group Entities Reshuffle Shareholding in Inter-se Transfer

IST Limited , a company listed on the Bombay Stock Exchange (BSE: 508807), has reported a significant reshuffling of shares within its promoter group. The inter-se transfer, which took place on September 12, 2025, involved the acquisition of shares by two promoter entities from another.

Key Details of the Share Transfer

Acquirers:
- IST Technology Infrastructure Pvt. Ltd.
- Smridhi Realty and Trade LLP
Seller:
- GPC Technology Limited
Transaction Details:
- Each acquirer purchased 115,000 equity shares (0.99% stake)
- Total shares transferred: 230,000 (1.97% of total share capital)
- Price per share: Rs. 881.00

Impact on Shareholding

The inter-se transfer has resulted in the following changes to the promoter group's shareholding structure:

Promoter Entity	Pre-Transfer Holding	Post-Transfer Holding
IST Technology Infrastructure Pvt. Ltd.	3.16%	4.14%
Smridhi Realty and Trade LLP	1.89%	2.88%
GPC Technology Limited	2.90%	0.93%

Regulatory Compliance

The company has emphasized that this transfer falls under the 'inter-se' category as per Regulation 10(1)(a)(ii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. IST Limited has duly informed the BSE about this transaction, complying with the necessary disclosure requirements under Regulation 10(6) of the SEBI regulations.

Unchanged Aggregate Promoter Holding

It's important to note that despite the internal redistribution of shares, the aggregate holding of the Promoter and Promoter Group remains unchanged following this inter-se transfer. This transaction appears to be a strategic move within the promoter group, potentially aimed at optimizing their shareholding structure.

The company's compliance with regulatory requirements in promptly disclosing this information demonstrates its commitment to transparency in its operations and shareholding patterns. Investors and market watchers may want to take note of this internal restructuring, although it does not affect the overall promoter stake in the company.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.11%	-0.39%	-7.39%	-5.07%	-15.86%	+86.96%

IST Limited has announced the appointment of Mr. Vijay Vardhan Daga as a Non-Executive Independent Director, subject to shareholder approval at the upcoming 49th Annual General Meeting (AGM).

Board Approval and Appointment Details

The Board of Directors of IST Limited, in their meeting held on August 28, 2025, approved the appointment of Mr. Vijay Vardhan Daga (DIN: 11265545) as an Additional Director under the category of Independent Director. Mr. Daga's term is set to commence from August 28, 2025, and will extend up to August 27, 2030, pending shareholder approval at the forthcoming AGM.

Vijay Vardhan Daga's Professional Background

Mr. Daga brings a diverse and accomplished career spanning multiple industries to IST Limited. His experience includes:

Commercial advisory roles
Import-export and regulatory compliance expertise
Stock broking and financial market knowledge
Portfolio management and investment advisory
FMCG distribution management

His versatile career reflects a strong foundation in international trade, financial markets, and FMCG distribution, backed by decades of hands-on experience in successfully building and managing business ventures.

Regulatory Compliance and Independence

In compliance with regulatory requirements, IST Limited has confirmed that Mr. Daga is not related to any existing directors of the company. Furthermore, he has not been debarred from holding a directorship by any regulatory authority, including the Securities and Exchange Board of India (SEBI).

Upcoming Annual General Meeting

IST Limited has also announced that its 49th Annual General Meeting will be held on Friday, September 26, 2025, at 11:30 A.M. at the company's registered office in Dharuhera, Haryana. The Register of Members and Share Transfer Books will remain closed from September 20, 2025, to September 26, 2025 (both days inclusive) for the purpose of the AGM.

E-voting Facility

To facilitate shareholder participation, the company has appointed National Securities Depository Limited (NSDL) to provide remote e-voting facilities for the upcoming AGM.

The appointment of Mr. Vijay Vardhan Daga as a Non-Executive Independent Director, subject to shareholder approval, is expected to bring valuable insights and expertise to IST Limited's board, potentially contributing to the company's strategic direction and governance.