Evans Electric Ltd — Important, 22-09-2025: Company Update

Evans Electric reports a significant off-market transfer of 7,61,972 equity shares within its promoter and promoter group. Director Ivor Anthony Desouza has gifted these shares to Jeanne Marie Desouza. This internal transaction reallocates a substantial block of shares among key stakeholders. For investors, this means a shift in individual ownership within the promoter entity, but it typically results in no change to the overall promoter shareholding in the company. This move clarifies share distribution among integral figures.