ALPHA TRIBE

Dhampur Bio Organics LimitedOthers, 02-01-2025: Disclosure under SEBI Takeover Regulations

02-01-2025 | 06:59 pm

Dhampur Bio Organics Ltd. has announced a board meeting regarding the acquisition of 3,49,116 (0.53%) equity shares from Mr. Vijay Kumar Goel and 32,68,991 (4.92%) equity shares from Mrs. Deepa Goel, as part of an inter-se transfer among immediate relatives, finalized on December 31, 2024. This transaction increases Gautam Goel's shareholding to 78,60,446 (11.84%), which may enhance his influence within the company. The off-market nature of the transfer, conducted as a gift, signifies a strategic family consolidation of ownership that could bolster investor confidence and reflect stability in governance.

No comments yet. Be the first to comment!

All announcements from Dhampur Bio Organics Limited