Promoter-group relatives transfer 6,47,51,092 shares (3.51%) by way of gift in an inter-se deal

Two promoters of Sindhu Trade Links — Mr. Vir Sen Sindhu and Mr. Rudra Sen Sindhu — have acquired shares from three other promoter-family members.

Thu 1 Oct 2026

Total shares transferred

6,47,51,092 shares, or 3.51% of the equity share capital

Vir Sen Sindhu shares from Satya Pal Sindhu

1,69,74,194 shares (0.92%)

Vir Sen Sindhu shares from Vrit Pal Sindhu

1,73,63,465 shares (0.94%)

Rudra Sen Sindhu shares from Dev Suman Sindhu

3,04,13,433 shares (1.65%)

Consideration / Control

No price was involved; no change in control; promoter group holding stays the same

What happened

Sindhu Trade Links Ltd informed the exchanges that it received a report under Regulation 10(6) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 from Mr. Rudra Sen Sindhu and Mr. Vir Sen Sindhu. The transaction was an inter-se transfer of shares among immediate relatives who are also members of the promoter and promoter group, done through an off-market transaction by way of gift, without any consideration. The acquirers relied on the exemption in Regulation 10(1)(a)(i) of the same regulations.

Shares and percentages

• Total shares acquired: 6,47,51,092, or 3.51% of the equity share capital of the target company.
• Mr. Vir Sen Sindhu acquired 1,69,74,194 shares, or 0.92%, from Mr. Satya Pal Sindhu.
• Mr. Vir Sen Sindhu acquired 1,73,63,465 shares, or 0.94%, from Mr. Vrit Pal Sindhu.
• Mr. Rudra Sen Sindhu acquired 3,04,13,433 shares, or 1.65%, from Mr. Dev Suman Sindhu.

Dates

The date of acquisition shown against each of the three rows is 30.09.2026. The company's letter to the exchanges is dated October 01, 2026.

Price

In the annexure, the price column for each row is marked as N.A. The update states that price did not arise in this transaction, because the shares were transferred by way of gift through an inter-se transfer among immediate relatives who are also members of the promoters and promoter group.

What stays the same

• There is no change in control of the target company.
• The aggregate shareholding of the promoter and promoter group before and after the transfer remains the same.

The update also notes that rounding off of percentages could result in an arithmetic difference.

Reading it simply

This is a movement of shares inside the same promoter family. The names of individual holders change, but the shares stay within the promoter and promoter group, and the update says the group's total holding is unchanged. Because no money changed hands, the transaction is recorded at no price. The disclosure is made under Regulation 10(6) of the SEBI (SAST) Regulations, 2011.

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