Shanthala FMCG Products Limited — Important, 02-08-2025: Updates
02-08-2025 | 03:41 pm
02-08-2025 | 03:41 pm
Shanthala FMCG Products has announced an inter-se transfer of 17.62 lakh equity shares. Ms. Shobitha Malya, a promoter, will acquire these shares from the estate of Late Mr. B Manjunath Mallya, another promoter shareholder, due to his demise. This off-market transaction involves no monetary consideration. While Ms. Malya's individual stake increases from 1.19% to 27.50%, the total promoter and promoter group shareholding remains unchanged. This internal re-arrangement ensures continuity of control within the promoter family.
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