Kundan Edifice Limited — Others, 03-02-2025: Disclosure under SEBI Takeover Regulations

Kundan Edifice Limited has disclosed an inter se transfer of shares among its promoter group. Divyansh Mukesh Gupta, Mallika Mukesh Gupta, and Shubhang Mukesh Gupta will each acquire 3,32,400 shares (3.23%) from Vijaya Mukesh Gupta, totaling 9,97,200 shares, with no change to the overall promoter holding. This private transfer aims to streamline family assets and facilitate succession planning. Investors may view this as a positive outlook for shareholder stability, given the continuity in promoter holdings and management structure.