LT Foods has announced an inter-se transfer of shares among its promoter group members. 1,154,405 equity shares will be transferred via a gift, with no monetary consideration involved. The transaction qualifies for an exemption under SEBI regulations. Post-transfer, the aggregate holding of the promoter group will remain unchanged. The transfer is expected to occur on or after November 24, 2025.
Promoter Group Shareholding Adjustment
LT Foods’ promoter group has disclosed an upcoming inter-se transfer of shares. The transaction involves a gift of 1,154,405 equity shares. The transfer will occur between existing promoters, with Mr. Surinder Kumar Arora transferring shares to Mr. Ashwani Kumar Arora.
Details of the Share Transfer
The proposed transfer represents approximately 0.33% of the total share capital of LT Foods. This transfer is structured as an off-market transaction among promoters, and will not involve any monetary consideration.
The transfer is expected to occur on or after November 24, 2025, following a four-day working period from the initial notification.
Rationale and Impact
The inter-se transfer is a private arrangement among promoter group members. As an exempt transaction under Regulation 10(1)(a)(ii) of SEBI SAST Regulations, the aggregate shareholding of the promoter and promoter group will remain constant. The objective is internal restructuring, without altering overall control or ownership of the company.
Source: BSE
