LT Foods’ promoter group has announced an inter-se transfer of 1,154,405 equity shares. This transfer, effective after November 24, 2025, involves a gift of shares from Mr. Surinder Kumar Arora to Mr. Ashwani Kumar Arora. The transaction is an off-market transfer, and the aggregate holding of the promoter group will remain unchanged. No consideration is involved in this transfer.
Inter-Se Transfer Details
An inter-se transfer of shares within the promoter group of LT Foods Limited has been announced. The transaction involves 1,154,405 equity shares. This transfer is structured as a gift from Mr. Surinder Kumar Arora to Mr. Ashwani Kumar Arora. No monetary consideration is involved as it is a gift.
Timeline and Impact
The transfer is expected to occur after November 24, 2025, which is four working days from the initial announcement. This is an off-market transaction. The total shareholding of the promoter group will not be affected by this transfer.
Shareholding Changes
Prior to the transfer, both Mr. Ashwani Kumar Arora and Mr. Surinder Kumar Arora held 6.62% of the company’s shares, representing 22,986,920 shares each. After the transfer, Mr. Ashwani Kumar Arora will hold 6.95%, equivalent to 24,141,325 shares, while Mr. Surinder Kumar Arora will hold 6.29%, or 21,832,515 shares.
Source: BSE
