ALPHA TRIBE

Sainik Finance & Industries LtdImportant, 01-04-2026: Company Update

01-04-2026 | 02:43 pm

Sainik Finance & Industries Limited reported an inter-se transfer of 2,503,982 equity shares, representing 23.01% of its total share capital. These shares were acquired by Sarvesh Sindhu and other members of the promoter group from Kuldeep Singh Solanki through an off-market transaction at 40.62 per share. This internal shuffling of shares among promoters ensures the aggregate shareholding of the promoter and promoter group remains unchanged. Consequently, there is no shift in the company's overall control, maintaining stability for its stakeholders.

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