The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Feroze Dhunjishaw Neterwala

The company announced that the Neterwala Family Trust, formed by promoter Feroze D. Neterwala and family, has applied to SEBI for an exemption from Substantial Acquisition of Shares & Takeovers (SAST) Regulations, 2011. This application relates to a proposed indirect acquisition of shares and control in Uni Abex Alloy Products Ltd by the Trust, consolidating existing promoter holdings under a family trust structure. This typically represents an internal restructuring of the promoter group's shareholding for succession planning, without an effective change in ultimate control.