BINNY MILLS LIMITED
Transaction Details
- Transferor: V Sengutuvan (Promoter)
- Transferee: VR Venkataachalam (Promoter)
- Number of Shares: 74,600 equity shares
- Percentage of Holding: 2.89% of total paid-up equity share capital
- Transaction Type: Off-market inter-se transfer by way of gift
- Proposed Date of Acquisition: On or after 26th June, 2026
- Price: Not applicable (gift transaction)
Shareholding Impact
Pre-Transaction Holdings:
- VR Venkataachalam: 1,540,254 shares (59.62%)
- V Sengutuvan: 74,600 shares (2.89%)
Post-Transaction Holdings:
- VR Venkataachalam: 1,614,854 shares (62.51%)
- V Sengutuvan: 0 shares (0%)
The aggregate holding of the promoter and promoter group remains unchanged post-transaction. Other promoter group members include Andal Arumugam (8,987 shares, 0.35%), Namitha (21 shares, 0.00%), Nandagopal (1,615 shares, 0.06%), Shanmugam (659 shares, 0.03%), Arthos Breweries Limited (92,000 shares, 3.56%), and TCP Limited (63,670 shares, 2.46%).
Additional Information
The disclosure includes necessary filings under Regulation 10(5) of SEBI SAST Regulations received from the acquirer. The company confirms that all applicable conditions under Regulation 10(1)(a) have been complied with, and the transferor and transferee have met all disclosure requirements under Chapter V of the Takeover Regulations.