Key Quantitative Figures

Transaction 1:

  • Shares transferred: 3,00,000 equity shares
  • Percentage of share capital: 1.85%
  • Transferor: Santosh Kumar Ramjilal Saraswat
  • Transferee: Pooja Sanjeev Saraswat

Transaction 2:

  • Shares transferred: 18,05,405 equity shares
  • Percentage of share capital: 11.16%
  • Transferors: Santosh Kumar Saraswat (8,60,709 shares, 5.32%) and Abha Santoshkumar Saraswat
  • Transferee: Nisha Chandresh Saraswat

Total shares transferred: 21,05,405 shares (13.01% of share capital)

Dates of Transaction

Both transactions are proposed to occur "on or after 18th June, 2026".

The disclosure letters are dated 12 June, 2026.

Parties Involved

Transferors:

  • Santosh Kumar Ramjilal Saraswat (Promoter Group)
  • Abha Santoshkumar Saraswat (Promoter Group)

Transferees:

  • Pooja Sanjeev Saraswat (Promoter Group)
  • Nisha Chandresh Saraswat (Promoter Group)

Purpose and Rationale

The proposed acquisition is described as "a private transfer family arrangement, for smooth succession planning of the family and to streamline the Family's assets and businesses."

Financial Impact

  • No consideration involved as transfers are by way of Gift Deed
  • Price: Nil (explicitly stated)
  • No change in total promoter and promoter group shareholding

Shareholding Details

Pre-transaction holdings:

  • Santosh Kumar Saraswat: 8,60,709 shares (5.32%)
  • Nisha Chandresh Saraswat: 12,97,112 shares (8.01%)

Post-transaction holdings (Transaction 1):

  • Pooja Sanjeev Saraswat: 3,00,000 shares (1.85%)

Post-transaction holdings (Transaction 2):

  • Nisha Chandresh Saraswat: 31,02,517 shares (19.17%)

Capital Structure Impact

  • No change in aggregate promoter and promoter group holding
  • Individual holdings within promoter group are reconfigured
  • No dilution or change in total share capital

Declarations

  • Acquirers declared compliance with all conditions specified under Regulation 10(1)(a)
  • Transferor and transferee have complied/will comply with applicable disclosure requirements in Chapter V of Takeover Regulations, 2011
  • The acquisition qualifies for exemption from making an open offer

#Tags: #YugDécor #SEBIDisclosure #PromoterTransfer #RegulatoryCompliance #OwnershipChange #Neutral