ALPHA TRIBE

Malu Paper Mills LimitedImportant, 10-03-2025: Updates

10-03-2025 | 02:13 pm

Shri Punamchand Malu is set to transfer 3,23,644 shares of Malu Paper Mills Limited among the Promoter group via a gift deed. This includes the transfer of 1,84,543 shares to Shri Purushottam Malu and 1,39,101 shares to Shri Shrawankumar Malu, representing 1.08% and 0.81% of the shareholding, respectively. As this transfer occurs among immediate relatives of the Promoter group, it qualifies for exemption under SEBI regulations. The overall promoter shareholding will remain unchanged following this transaction. Investors should watch closely as such changes in shareholding can influence market sentiment, although the direct impact on company operations may be limited.

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