Nilachal Refractories Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST

Nilachal Refractories Ltd. reported an internal share transfer involving its promoter group. Certain promoters acquired 1,055,000 equity shares from other promoter group members through off-market transactions. This inter-se transfer resulted in the combined shareholding of the acquiring promoter entities increasing from 1,632,584 shares (8.01%) to 2,087,584 shares (10.20%) of the company's total equity. This transaction reflects a reallocation of ownership within the existing promoter family, without dilution for public shareholders, and can signal promoter confidence in the company.