National General Industries Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST

Pawan Kumar Modi, a member of the National General Industries Limited promoter group, plans to acquire 9,99,515 equity shares, representing 22.30% of the company's total equity. These shares will be transferred as a gift from Ashok Kumar Modi, another promoter group member. This internal adjustment will increase Pawan Kumar Modi's stake from 13.87% to 36.16% and reduce Ashok Kumar Modi's holding to zero. The transaction involves no monetary consideration, reflecting a restructuring within the promoter family's shareholding.