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

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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.

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

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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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CDC5E0DC_1567_44D2_B9C8_4ECEC6BC723E_162121.pdf

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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]