SG Mart Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST

SG Mart announced a proposed inter-se share transfer involving immediate relatives. Mr. Sameer Gupta is set to acquire 4.42 Cr equity shares, or 35.08% of the company, via gift from Mr. Dhruv Gupta (3.28 Cr shares) and Mrs. Meenakshi Gupta (1.14 Cr shares). This transaction, part of a private family restructuring, will result in Mr. Sameer Gupta being classified as a Promoter of the company, consolidating a significant ownership stake. The transfer is exempt from standard open offer requirements.