ALPHA TRIBE

Uniroyal Industries LtdInsider Trading, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

A promoter group entity, Rashmi Mahajan, is acquiring 7,13,475 equity shares, representing 3.63% of the company's total share capital, from her son, Abhay Mahajan, also part of the promoter group. This transfer is by way of a gift and is an internal transaction within the promoter family. Such inter-se transfers are typically exempt from triggering an open offer requirement. The transaction will result in a realignment of individual shareholdings within the promoter group, but the overall promoter holding in the company remains unchanged.

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