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Sainik Finance & Industries Limited's promoters are undertaking an inter-se transfer of 1,316,066 equity shares, representing 12.10% of the company's total share capital. This off-market transaction, priced at Rs. 40.62 per share, is an internal rearrangement within the promoter group. Importantly, the total shareholding of the promoter group will remain unchanged, ensuring no shift in the company's control or overall promoter stake. This move is exempt from requiring an open offer.