Uni Abex Alloy Products Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST

SEBI has granted Neterwala Family Trust an exemption for its proposed indirect acquisition of shares and control in Uni Abex Alloy Products Limited. This allows the trust to proceed with an internal family reorganization for succession planning. Uni Abex Alloy Products Limited has an equity share capital of INR 1.975 Cr, comprising 1.975 million shares. This transaction will not alter the overall promoter and promoter group shareholding, which remains at 63.63%, nor will it affect public shareholding or control over the company. This move enables the family to streamline their holdings without triggering a mandatory public offer. The exemption is valid for one year.