Uni Abex Alloy Products Ltd — Important, 22-06-2026: Company Update

Uni Abex Alloy Products disclosed an indirect acquisition of shares and control by Neterwala Family Trust. This involves Mr. F. D. Neterwala transferring his stake in Chemicals and Ferro Alloys Private Limited (CFA) to the Trust, which in turn holds indirect control over the company. SEBI has granted an exemption for this transaction from open offer requirements, recognizing it as an internal family reorganization for succession planning. The overall promoter and promoter group shareholding of 63.63% and public shareholding will remain unchanged. This move consolidates family control and streamlines future ownership without impacting public shareholders.