BSEInsider Trading / SAST22 Jun 2026 · 22 Jun 2026, 02:37 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, ....
Binny Mills Ltd · 535620
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Binny Mills Ltd announced an off-market inter-se transfer of 74,600 equity shares, representing 2.89% of its paid-up share capital, between promoters. VR Venkataachalam will acquire these shares by way of gift from V Sengutuvan, who is also a promoter and immediate relative. This transaction, proposed for June 26, 2026, will increase VR Venkataachalam's stake from 59.62% to 62.51% and is exempt from an open offer under SEBI SAST Regulations.
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Full Announcement
Binny Mills Ltd - 535620 - Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Regulations, 2011
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Recais
22 JUN 2026
Date:
22 JUN
Cofany
From
(CHENNAI
VR Venkataachalam
De: 600 004
No. 25 CVR aman Road, Alwarpet, Chennai
Listing Compliances Department
BSE Limited
Phiroze Jeejeebhoy Towers
Dalal Street
Mumbai 400 001
Binny Mills Limited
No 4, Karpagambal Nagar
Mylapore, Chennai -600004
TARGET COMPANY BINNY MILLS LIMITED
BSE SCRIP CODE 535620
Dear Sir,
Sub: Prior intimation in respect of the proposed acquisition under Regulation 10(5) of SEBI
(Substantial Acquisition of Shares and Takeovers) Regulations, 2011 - Disclosure of inter-se
transfer of shares among the Promoter and Promoter Group pursuant to Regulation 10( 5) of SEBI
SAST Regulations.
With regard to the captioned subject, I, VR Venkataachalam, one of the Promotor of BINNY MILLS
LIMITED (the "Company") hereby submit the disclosures under Regulation 10(5) SEBI (Substantial
Acquisition of Shares and Takeovers) Regulations, 2011 ("SEBI SAST Regulations"), intimating an
acquisition of 74,600 Equity Shares of the Company on gr aften 26June, 2026 from Mr. V
Sengutuvan, Promoter of the Company.
The above acquisition is through an off-market inter-se transfer by way of Giftbetweenthe
Promoters of the Companyand immediate relatives.
In this connection necessary disclosure under Regulation 10(5) of the SEBI SAST Regulations in
respect of aforesaid acquisition in the prescribed format is enclosed herewith for your kind
information and records.
The same may please be taken on record and suitably disseminated to all concerned.
Thanking you,
Yours Sincerely,
VR Venkataachalam
Disclosure under Regulation 10(5) -Intimationto Stock Exchanges in respect of acquisition under
Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
1 Name of the Target Company BINNY MILLS LIMITED
(TC)
2 Name of the acquirer(s) VR Venkataachalam
3 Whether the acquirer(s) is/ are Yes -Promoter
promoters of the TC prior to the
transaction. If not, nature of
relationship or association with
the TCo r its promoters
4 Details of the proposed
acquisition
Name of the person(s) from VS engutuvan
whom shares are to be
acquired
b Proposed date of acquisition On or after 26th June, 2026
C Number of shares to be 74,600 Equity Shares
acquired from each person
mentioned in 4(a) above
d Total shares to be acquired 2.89%of the total paid-up Equity Share capital of the
as % of share capital of TC target Company
e Price at which shares are Not applicable/ since the EquityS hares are proposed
proposed to be acquired to be acquired by way of gift.
f. Rationale, if any, for the Inter-se transfer of Equity Shares from V Sengutuvan to
proposed transfer VR Venkataachalam
V Sengutuvan and VR Venkataachalam are the
Promotors of the Company and immediate relatives
5 Relevant sub-clause of regulationRegulation 10(1)(a)(i) and 10(1)(a)(i)of the SEBI (SAST)
10(1)(a) under which the acquirer Regulations.
ise xempted from making open
offer
6 If, frequently traded, volume Since, theE quity Shares are proposed to be acquired
weighted average market price by way of gift, the requirement of volume-weighted
for a period of 60 trading days average market price is not applicable.
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 Not applicable, since the Equity Shares are proposed
as determined in terms of clause to be acquired by way of Gift
(e) of sub-regulation (2) of
regulation 8.
8 Declaration by the acquirer, that Not applicable, since acquisition is by way of gift
the acquisition price would not
be higher by more than 25% of
Declaration by the acquirer, that Kindly refer Annexure A
the transferor and transferee have
complied/will comply with
applicable disclosure requirements
in Chapter Vo f the Takeover
Regulations, 2011 (corresponding
provisions of the repealed
Takeover Regulations 1997)
I confirm that all the conditions specified
Declaration by the acquirer that al
underRegulation 10(1)\a)of SEBI (SAST) Regulations
the conditions specified under
withrespect to exemption have been duly complied
regulation 10(1)(a) with respect to
exemptions has been duly with
complied with
Shareholding details Before the proposed After the proposed
transaction transaction
No. of % w.r.t No. of % w.r.t
shares total share shares total share
/voting capital of /voting capital of
rights TC rights TC
Acquirer(s) and PACs (other
than sellers)
VR Venkataachalam 15,40,254 59.62% 16,14,854 62.51%
(Acquirer)
Andal Arumugam 8,987 0.35% 8,987 0.35%
Namitha 21 0.00% 21 0.00%
Nandagopal 1,615 0.06% 1,615 0.06%
659 0.03% 659 0.03%
Shanmugam
Arthos Breweries Limited 92,000 3.56% 92,000 3.56%
TCP Limited 63,670 2.46% 63,670 2.46%
b Seller (s)
VS engutuvan 74,600 2.89%
VR Venkataachalam
Acquirer
Place : Chennai
Date: 22 JUN LuLu
22 JUN 2026
Annexure A
BSE Limited
Corporate Relationship Department,
2nd Floor, New Trading Ring,
P.J. Towers, Dalal Street,
Mumbai - 4000 01.
Sub: Intimation under Regulation 10(5) in respect of the proposed acquisition under Regulation
10(1)(a)(i) and 10(1)|a)(i) of the Securities and Exchange Board of India (Substantial Acquisition of
Shares and Takeovers) Regulations, 2011 ('SEBI (SAST) Regulations'
Dear Sir/Madam,
, the undersigned, hereby undertake and confirm that with respect to the proposed off-market
inter-se transfer of Equity Shares in terms of Regulation 10(1)(a)(i) and 10(1)(a)(i) of the SEBI (SAST)
Regulations and subsequent amendments thereto that:
The acquisition of 74,600 Equity Shares of Binny Mills Limited is an offmarket inter-se transfer by
way of gift as under:
Name of the Transferor Name of the Transferee
V Sengutuvan VRV enkataachalam
I am one of the Promoters of the Company and V Sengutuvan is my immediate relative (Son) and
also Promoter of the Company.
All applicable conditions as mentioned in Regulation 10(1)(a) of the SEBI (SAST) Regulations with
respect to examination have been dulyc omplied with.
The transferor and transferee have complied with the applicable provisions of Chapter V of SEBI
(SAST) Regulations
You are requested to take the same on your record and oblige.
Yours sincerely,
V.k.h
VR Venkataachalam
Acquirer
Place :Chennai
Date:
22 JUN 2026