Hind Aluminium Industries: Promoter Group Completes 10.41% Inter-se Share Transfer
Hind Aluminium Industries Limited disclosed an inter-se transfer of 6,55,848 shares (10.41% stake) within its promoter group. Shailesh Daga acquired 8.71% from Lalit Kumar Daga and 1.70% from Lalit Shailesh Daga HUF through off-market transactions. The transfer falls under SEBI's exemption for immediate relatives within the promoter group. Despite the substantial transfer, the aggregate promoter group holding remains unchanged. The company has complied with regulatory disclosure requirements.
23Jul 25
Hind Aluminium Industries Reports Major Promoter Group Share Transfer
Hind Aluminium Industries Limited (HAIL) has disclosed an inter-se transfer of shares within its promoter group. Raghav Daga acquired 711,404 shares (11.29% stake) from three other promoter group members: Sheela Daga (554,636 shares), L.K. Daga & Sons HUF (110,000 shares), and Lalit Kumar Daga (46,768 shares). The transaction was conducted through off-market deals and complies with SEBI regulations. The overall promoter group stake remains unchanged after this internal redistribution.