BSEInsider Trading / SAST1 Sept 2026 · 1 Sept 2026, 04:12 pm
The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....
Sainik Finance & Industries Ltd · 530265
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Sainik Finance & Industries Ltd has received a disclosure under Regulation 10(5) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, regarding the proposed inter se transfer of shares amongst members of the Promoters I Promoters Group.
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Sainik Finance & Industries Ltd - 530265 - Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Regulations, 2011
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The Manager Listing
BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street Mumbai- 400 001
Dear Sir,
Sub: Prior Intimation under Regulation 10(5) of SEBI (Substantial Acquisition of Shares and
Takeovers) Regulations, 2011 for proposed inter se transfer of shares amongst members of the
Promoters I Promoters Group under regulation lO(l)(a)(ii) ofSEBI (Substantial Acquisition of
Shares and Takeovers) Regulations, 2011.
Ref.: Scrip Code: 530265-Sainik Finance & Industries Limited ("Target Company")
In terms ofregulation 10( 5) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 in
respect to proposed acquisition of 13,16,066 Equity Shares representing 12.10% of total share capital of
Sainik Finance & Industries Limited under regulation 10( 1) ( a)(ii) of SEBI (Substantial Acquisition of Shares
and Takeovers) Regulations, 2011 i.e. inter se transfer of equity shares amongst members of the Promoters I
Promoters Group, we hereby submit Prior Intimation via disclosure in the specified format.
Request you to kindly take note of the same.
Thanking you.
Yot(\aithfull~
Dev Sindhu for himself and on behalf of all other Acquirers
CC: Company Secretary & Compliance Officer
Sainik Finance & Industries Limited
129, Transport Centre, Rohtak Road,
Punjabi Bagh, Delhi -110035
Format for Disclosures under Regulation 10(5) Intimation to Stock Exchanges in respect of a~quisition
under Regulation lO(l)(a) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations,
2011.
1. Name of the Target Company (TC) Sainik Finance & lndusb·ies Limited
2. Name of the acauirer(s) Please refer to Annexure-1
3. Whether the acquirer(s) is/ are promoters Yes
of the TC prior to the transaction. If not, I'
nature of relationship or association with
the TC or its promoters
4. Details of the proposed acquisition
a) Name of the person(s) from whom Please refer to Annexure-1
shares are to be acquired
b) Proposed date of acquisition Any time after 4 working days from date of this
intimation i.e. on or after 711 September, 2026.
c) Number of shares to be acquired from The number of shares mentioned in Annexure- 1
each person mentioned in 4(a) above
d) Total shares to be acquired as% of share 13,16,066 equity shares constituting 12.10 % of the
capital of TC. total share capital of the TC.
e) Price at which shares are proposed Inter se transfer of shares amongst promoters I
to be acquired promoters group by way of off market transaction at
the price of Rs.40.62 /-per share.
f) Rationale, if any, for the proposed It is an inter-se transfer of shares among members of
transfer promoter & promoters' group by way of off market
transaction. Furthermore, there is no change in control
of the TC. The aggregate promoter I promoters' group
shareholdings will remain same before and after
proposed transaction.
5. Relevant sub-clause of regulution Regulation lO(l)(a)(ii) of SEDI SAST Regulations,
lO(l)(a) under which the acquirer is 2011.
exempted from making open offer
6. If, frequently traded, volume weighted Not Applicable
average market price for a period of 60
trading days preceding the date of
issuance of this notice as traded on the
stock exchange where the maximum
volume of trading in the shares of the
TC are recorded during such period.
7. If in-frequently traded, the price as Rs.37.76 per share as determined by the independent
determined in terms of clause ( e) of registered valuer
sub-regulation (2) of regulation 8.
8. Declaration by the acquirer, that the Yes, we declare that the acquisition price is not higher
acquisition price would not be higher by more than 25% of the price computed in point 7
by more than 25% of the price above.
computed in point 6 or point 7 as
aoolicable.
9. Declaration by the acquirer, that the We hereby declare that transferors and transferees have
transferor and transferee have complied complied I will comply with applicable disclosure
I will comply with applicable disclosure requirement in Chapter v of the SEBI SAST
requirements in Chapter v of the Regulations, 2011.
Takeover Regulatio.n.s , 2011
(corresponding prov1s1ons of the
repealed Takeover Regulations 1997).
10. Declaration by the acquirer that all the We hereby declare that all the conditions specified
conditions specified under regulation under Regulation 1O (l)(a) of the SEBI (SAST)
IO(l)(a) with respect to exemptions has Regulations 2011 with respect to exemptions has been
been duly complied with. duly complied with.
11. Shareholding details Before proposed After proposed
transaction transaction
No.of %w.r.t. No.of %w.r.t.
Share I total share shares I total share
Voting capital of Voting capital of
Rights TC Right TC
a) Acquirer(s)* 3529380 32.45 4845446 44.55
1. VIR SEN SINDHU 323996 2.98 595369 5.47
2. VRITPAL SINDHU 971125 8.93 1188276 10.93
3. EKTASINDHU 5000 0.05 194908 1.80
4. SA TYA PAL SINDHU 570344 5.24 644965 5.93
5. ANIKA SINDHU 142476 1.31 217097 1.99
6. DEVSINDHU 596140 5.48 731826 6.73
7. SARVESH SINDHU 920299 8.46 1273005 11.70
b) Seller (s*) 1316066 12.10 0 0
1 CAPT.KULDEEP SINGH SOLANKI 1.59
(HUF) 172800 0 0
2 COL. GIRDHARI SINGH (HUF) 109400 1.01 0 0
3. YUVRAJ SINGH SOLANKI 432833 3.98 0 0
4. INDU SOLANKI 337833 3.10 0 0
5. MANISHA SOLANKI 117800 1.08 0 0
6. ASHA RAT HOR E 75200 0.69 0 0
7. RAJSHREE RAT HO RE 64000 0.59 0 0
8. MAJ NIRANJAN SINGH 6200 0.06 0 0
c) PACs other than Acquirers and 2797502 25.70 2797502 25.70
Sellers*
1 RUDRA SEN SlNDHU 170787 1.57 170787 1.57
2 VIR SEN SINDHU(HUF) 247066 2.27 247066 2.27
3 SUMATI SINDHU 194333 1.79 194333 1.79
4 SURABHI GEHLOT 149933 1.38 149933 1.38
5 SAROJ SINDHU 101569 0.93 101569 0.93
6 RUDRA SEN SINDHU( HUF) 89600 0.82 89600 0.82
7 SHAHISTA GEHLOT 58600 0.54 58600 0.54
8 USHASINDHU 52675 0.48 52675 0.48
9 RACHNA SINDHU 51900 0.48 51900 0.48
10 MADHUSINGH 36033 0.33 36033 0.33
11 SHWETA SINDHU 96565 0.89 96565 0.89
12 VRIT PAL SJNDHU (HUF) 13166 0.12 13166 0.12
13 RAJBIR SINGH 4665 0.04 4665 0.04
14 SAURABH SINDHU 213773 1.96 213773 1.96
15 SOMVIR SINDHU 224107 2.06 224107 2.06
16 SHASHI SINDHU 190573 l.75 190573 l.75
17 ABHIMANYU SINDHU 902157 8.29 902157 8.29
Total (a+b+c) 76,42,948 70.25 76,42,948 70.25
Note:
1) (*) Shareholding of each entity may be shown separately and then collectively in a group.
2) Please note that rounding off of percentages could result in arithmetic difference.
3) The above disclosure shall be signed by the acquirer mentioning date & place. In case, there is more
than one acquirer, the report shall be signed either by all the persons or by a person duly authorized
to do so on behalf of all the acquirers
Dev S~d on behalf of all other Acquirers
Date: Cl.f.J.q~lJ~?-b
Place: Delhi
Annexure -1
Details of AcQuisition ofEQuity Shares o fSa.i m0 kFm0 ance & Ind ustnes L. 1 m1. te d
Sr. Name of Seller or person from Name of No. of shares to % of share
No. whom shares are to be acquired Acquirer(s) be acquired capital of TC
1 Indu Solanki Vir Sen Sindhu 271373 2.49
2 Manisha Solanki Vritpal Sindhu 117800 1.08
.")I Col. Girdhari singh HUF Vritpal Sindhu 99351 0.92
4 Capt. Kuldeep Singh Solanki HUF Ekta Sindhu 172800 1.59
5 Maj Niranjan Singh Ekta Sindhu 6200 0.06
6 Col. Girdhari singh HUF EktaSindhu 10049 0.09
7 Yuvraj Singh Solanki Ekta Sindhu 859 0.01
8 Rajshree Rathore Anika Sindhu 64000 0.59
9 Indu Solanki Anika Sindhu 10621 0.10
10 Yuvraj Singh Solanki Satyapal Sindhu 74621 0.69
11 Asha Rathore Dev Sindhu 75200 0.69
12 Indu Solanki Dev Sindhu 55839 0.51
13 Yuvraj Singh Solanki Dev Sindhu 4647 0.04
14 Yuvraj Singh Solanki Sarvesh Sindhu 352706 3.24
Total 1316066 12.10
Note: Please note that rounding off of percentages could result in arithmetic difference.
O~=self and on behalf of all other Acquims
\di\ 'u£('.
Date: o)
Place: Delhi