Palco Metals Ltd — Important, 01-09-2025: Company Update
01-09-2025 | 02:32 pm
01-09-2025 | 02:32 pm
Palco Metals Limited announced an internal change in its shareholding. Promoter group member Lalit Kumar Naredi transferred 180,000 equity shares, representing 4.50% of the company's total paid-up capital, to Manju Naredi via an off-market gift deed. Manju Naredi, a director's brother's wife, now becomes part of the promoter group. This transaction shifts shares within the existing promoter group, with Lalit Kumar Naredi's individual holding becoming zero. The overall promoter group stake remains unchanged, ensuring stability in key shareholding.
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