BSEInsider Trading / SAST22 Jun 2026 · 22 Jun 2026, 04:21 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 SummaryPromoter Reclassif.
Binny Mills Ltd announced an off-market inter-se transfer of 16,74,854 equity shares, constituting 62.51% of its total paid-up capital. The shares are transferred by way of gift from promoter Mr. V R Venkataachalam to five members of the promoter group, who are immediate relatives. This internal rearrangement of shareholding, effective on or after June 26, 2026, is described as a private family arrangement for succession planning 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.
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)
📄pdf
Download →
CDC5E0DC_1567_44D2_B9C8_4ECEC6BC723E_162121.pdf
View document text
Date: 22nd June, 2026
From
T Amudha Padma Dr. Andal 5 Arundathi Radha
D/o. NPV D/o. NPV Arumugam D/o. NPV D/o. NPV
Ramasamy Rd masanry D/o. NPV Ramasamy Ramasamy
Udayar Udayar Ramasamy Udayar Udayar Udayar
No.3,7th Street, No.2o, sth Street, No.52l101, 110, 1039,
Gopalapuranr, Rutland Gate, Cha miers Road RA Radhakrishnan Stonybrook
Chennai Nungambakkam, Puram Chennai Sa la i, Court,
Chenna i Mylapore Claremont CA
Chennai 91711 USA
Listing Compliances Department
BSE [imited
PhirozeJeejeebhoy Towers
Dalal Street
Mumbai 400 001
M/s Binny Mills Limited
No 4, Ka rpagam bal Nagar
Mylapore,Chennai 600004
TARGET COMPANY BINNY MILLS LIMITED
BSE SCRIP CODE 535520
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, we hereby submit the disclosures under Regulation 10(5) SEBI
(Substantial Acquisition of Shares and Takeovers) Regulations, 2011 ("SEBI SAST Regulations"),
intimating a n acq uisition of 16,74,854 Equity share s of the Company on or after 26rh June ,2026 from
our brother, Mr. V R Venkataachalam, Pronroter of Binny Mills Lintited.
The above acqulsition is through an off-market inter-se transfer by way of Gift between Prornoter/s
and members of Promoter Group, who arc immediate relatives of the Promotor of the Company.
ln this connection necessary disclosure under Regulation 10(5) of the sEBl sAsr 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,
1) T Amudha 2) Padma
Acquirer/lmmediate relative to promoter Acquirer/lm mediate relative to promoter
A^J-o^IA".-("-
3) Dr. Andal Arumugam 4) S Arundathi
Acquirer/ Promoter/ Acquirer/ lmmediate relative to promoter
lmmediate relative to promoter
5) Radha
Acquirer/ lmmediate Relative of Promoter
Disclosures under Regulation 10(5) - lntimation to 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 (TC) BINNY MItts LIMITED
BSE CODE: 535620
2 Name of the acquirer(s) a T Amudha
b Pad ma
Dr. Andal Arumugam
d S Aru ndathi
e Radha
3 Whether the acquirer(s) is/ are promoters of a Yes - lmmediate relative of promoter
the TC prior to the transaction. lf not, nature b. Yes - lmmediate relative of promoter
of relationship or association with the TC or c Yes - Promoter and lmmediate relative
its promoters of other promoter
d Yes - lmmediate relative of promoter
e Yes - lmmediate relative of promoter
4 Details of the proposed acquisition
a Name of the person(s) from whom VR Venkataacha lam
shares are to be acquired
b Proposed date of acquisition On or after 26th June 2025
c. Number of shares to be acquired from L6,74,854 Equity Shares
each person mentioned in 4(a) above
d Total shares to be acquired as % of share 62.51% of the total paid-up Equity Share
capital of TC capital of the target Company
e Price at which shares are proposed to be Nil, since proposed off market lnter-se
acquired transfer of shares will be by way of
Giftpursuant to execution of Gift Deed.
Therefore, no consideration is involved.
f. Rationale, if any, for the proposed The proposed acquisition is only a private
tra nsfer transfer family arrangement, for smooth
succession planning of the family.
5 Relevant sub-clause of regulation 10(1Xa) Regulation r0(1)(aXi) and 10(1)(a)(ii) ofthe
under which the acquirer is exempted from SEBI (SAST) Regulations, 2011.
making open offer
6 lf, frequently traded, volume welghted Since, the Equity Shares are proposed to be
average market price for a period of 60 acquired by way of gift, hence, the
trading days preceding the date of issuance requirement of volume-weighted average
of this notice as traded on the stock exchange market price is not applicable.
where the maximum volume of trading in the
shares of the TC are recorded during such
period.
7 lf in-frequently traded, the price as Not applicable, since the Equity Shares are
determined in terms of clause (e) of sub- proposed to be acquired by way of Gift
regulation (2) of regulation 8.
8 Declaration by the acquirer, that the Not applicable, since acquisition is by way of
acquisition price would not be higher by cift
more than 25% of lhe price computed in
point 6 or point 7 as applicable.
9 Declaration by the acquirer, that the As per Annexure A
transferor and transferee have complied /
will comply with applicable disclosure
requirements in Chapter V of the Takeover
Regulations, 201 1 (corresponding provisions
of the repealed Takeover Regulations 1997)
10 Declaration by the acquirer that all the As per Annexure A
conditions specified under regulation 10(1Xa)
with respect to exemptions has been duly
complied with
11 Sha reholdinB details Before the proposed After the proposed
transaction transaction
No. of 96 w,t.l No. of % w,r.t
shares total shares total
/voting share /votinB share
rights capital of rights capital of
TC TC
a Acquirer(s) and PACS (other than
sellers)
T Amudha (Acq uirer) 3,22,971- L2.502yo
Padma (Acquirer) 3,22,977 72.502%
Dr. Andal Arumugam (Acquirer) 8,987 0.35o/o 3,31,958 12.852%o
S Arundathi (Acquirer) 3,22,970 L2.502%
Radha (Acq uirer) 3,22,971 72.502%
Na m itha 21- o.oo% 2l o.oo%
Na ndagopa 1,615 0.06% 1,615 o.060/.
Shanmugam 6s9 o.03% 659 o.o3%
Arthos Breweries Limited 92,000 3.56% 92,000 356%
TCP Limited 63,670 2.46% 63,670 2.46%
b. seller (s)
V R Venkataachalam L6,74,854* 62.5t%
*This includes 74,600 equity shares (2.89%) which is proposed to be acquired by Mr. VR
Venkataachalam (Promoter) on or after 26.05.2026 and subsequently propose to Gift to his 5 sisters,
being immediate relatives of the promoter.
14,' Lt
-ax-
1) T Amudha 2) Padma
Acquirer/lmmediate relative to promoter Acquirer/lmmediate relative to promoter
AJJ4..-\t- a.l
3) Dr. Andal Arumugam 4) S Arundathi
Acquirer/ Promoter Acquirer/ lmmediate relative to promoter
/ lmmediate relative to promoter
L'-lt---'
5l Radha
Acquirer/ lmmediate Relative of Promoter
Place : Chennai
Date: 22"d June, 2026
Annexure A
BSE timited
Corporate Relationship Department,
2nd Floor, New Trading Ring,
P.J . Towers, Dalal Street,
Mumbai - 400 001.
sub: lntimation under Regulation 10(5) in respect of the proposed acquisition under
Regulation fO(fXaXi) of the Securities and Exchange Board of lndia (Substantial
Acquisition of Shares and Takeovers) Regulations, 2011 ('SEBI (SAST) Regulations'
Dear Sir/Madam,
We, the undersigned, hereby undertake and confirm that with respect to the proposed off-
market inter-se transfer of Equity Shares in terms of Regulation fO(fXa}(l) and/ or
10(lXaXii) of the SEBI (SAST) Regulations and subsequent amendments thereto that: -
The acquisition of t6,74,854 Equity Shares of Binny Mills Limited is an off-market inter-se
transfer by way of gift as under:
Name of the Transferor Name of the Transferee No, of Shares Transferred
T Amudha 3,22,977
VR Venkataachalam Pad ma 3,22,977
Dr. Andal Arumugam 3,22,971
S Arundathi 3,22,970
Radha 3,22,971
We are Promoter/s and/or members of the Promotor Group of the Company and
immediate relative (sisters) of Mr. VR Venkataachalam, the seller is 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 duly complied 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,
Ar,-t-Axo Rp
1) T Amudha 2) Padma
Acq uirer/lmmed iate relative to promoter Acq uirer/lmmediate relative to promoter
AdJA".--(.
[Showing first 8,000 characters — download PDF for full document]