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

✦ AI SummaryRelated Party

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.

Analysis Scores

Earnings Impact5/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk5/10
Liquidity Impact5/10
Market Sentiment5/10

✦ Ask a Question

Ask anything about this announcement — AI will answer based on the filing content.

0/500

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

Attachments (1)

📄

704DE62C_1812_4003_BAE8_028E937506AF_143659.pdf

pdf

Download →
View document text
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