Jyothy Labs announced an off-market transfer of equity shares via gift within the promoter group. M. P. Ramachandran transferred 64,11,001 shares, and M. G. Shanthakumari transferred 14,36,39,870 shares to M. P. Ramachandran Family Trust I and II, respectively. The transfers, effective November 15, 2025, do not alter the overall promoter group holdings in the company.
Promoter Share Transfer
M. P. Ramachandran, a promoter of Jyothy Labs, and M. G. Shanthakumari, a member of the promoter group, executed off-market transfers of equity shares as gifts to M. P. Ramachandran Family Trust I and II. This transaction was completed on November 15, 2025.
Details of Share Transfer
According to the disclosure, M. P. Ramachandran transferred 64,11,001 equity shares, while M. G. Shanthakumari transferred 14,36,39,870 equity shares to the respective family trusts. Each share has a face value of Re. 1/-.
Impact on Promoter Holdings
The company confirmed that this transfer will not result in any changes to the overall holdings of the promoter and promoter group in Jyothy Labs. The promoter group continues to hold a significant stake in the company with 23,09,34,685 shares which constitutes 62.89% of the total share capital.
Shareholding Post Transaction
After the transaction, M. P. Ramachandran Family Trust I holds 64,11,011 shares, representing 1.75% of the total share capital. M. P. Ramachandran Family Trust II now holds 14,36,39,870 shares, accounting for 39.12% of the total share capital.
Source: BSE
