Binny Mills Ltd

Binny Mills Ltd

Binny Mills Ltd announced an inter-se transfer of 16,14,854 equity shares, representing 52.5% of the holding, among its promoter and immediate relatives of the promoter group. The transaction, involving an off-market gift from Mr. V R Venkataachalam (Promoter) to five other individuals within the promoter group, falls under SEBI SAST Regulations exemptions. The company clarified that the aggregate holding of the Promoter and Promoter Group remains unchanged after this internal reallocation.

Binny Mills Ltd

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.

Binny Mills Ltd

Binny Mills Ltd announced an inter-se transfer of 74,600 equity shares, representing 2.89% of the paid-up capital, between its promoters, VR Venkataachalam and V Sengutuvan. The shares were transferred off-market by way of gift. This transaction is exempt under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, and the aggregate holding of the Promoter and Promoter Group remains unchanged after the transfer.

Binny Mills Ltd

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.

Binny Mills Ltd

Binny Mills Ltd announced an inter-se transfer of 74,600 equity shares (2.89% stake) between its promoters, VR Venkataachalam and V Sengutuvan. The shares are being acquired by VR Venkataachalam from V Sengutuvan via an off-market gift transfer. This transaction is exempted under SEBI SAST Regulations as an inter-se transfer among promoters and immediate relatives. The overall shareholding of the promoter and promoter group remains unchanged after this internal adjustment.