Techno Electric & Engineering Company Limited has filed a disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding an inter-se transfer of shares among promoter group entities.
Transaction Details
- Transaction Date: June 30, 2026 (30062026)
- Transferor (Seller): Ankit Saraiya (Promoter of the Company)
- Transferee (Acquirer): Techno Family Welfare Trust
- Number of Shares Transferred: 200,000 Equity Shares
- Percentage of Share Capital: 0.17%
- Mode of Transfer: Off-market inter-se transfer
- Consideration: No consideration involved (gift transfer)
Shareholding Impact
Pre-Transaction Holdings:
- Ankit Saraiya (Seller): 216,000 shares (0.19% of total share capital)
- Techno Family Welfare Trust (Acquirer): 0 shares (0% of total share capital)
Post-Transaction Holdings:
- Ankit Saraiya (Seller): 16,000 shares (0.02% of total share capital)
- Techno Family Welfare Trust (Acquirer): 200,000 shares (0.17% of total share capital)
Aggregate Promoter Group Holding: Remains unchanged before and after the transaction.
Purpose and Rationale
The transfer is being executed to streamline the family's assets through a gift arrangement between Promoter Group entities. The transaction will be effected by execution of a Gift Deed.
Documents Submitted
The filing includes the prescribed format disclosure under Regulation 10(5) of SEBI SAST Regulations for the acquisition.
Location
All documents executed in Kolkata.