ALPHA TRIBE

Thakkers Group LtdInsider Trading, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

Thakkers Group Ltd. (formerly Asian Food Products Ltd) announced a proposed inter-se transfer of 150,000 equity shares between members of its promoter group. Jitendra Manohardas Thakker, an immediate relative, will acquire these shares as a gift from Rajendra Manohardas Thakker. This transaction will increase Jitendra's shareholding from 14.21% to 23.68%, while Rajendra's stake will become zero. This share redistribution within the promoter family is exempt from open offer rules, ensuring continued promoter control and alignment with the company's long-term strategy for shareholders.

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