Inter-se Gift Deed: Nisha Chandresh Saraswat Acquires 11.16% of Shares in Yug Decor Ltd
Yug Decor Ltd is undergoing an inter-se transfer of shares within its Promoter Group through a gift deed, significantly altering the shareholding structure of key promoters. The proposed acquisition involves the transfer of 18,05,405 shares by two existing promoter members to Nisha Chandresh Saraswat.The transaction, which is designated as an internal family transfer within the Promoter and Promoter Group, has been set to occur on or after June 18, 2026. The acquisition is being executed via a gift deed, meaning there is no financial consideration involved in the proposed transfer.
Nisha Chandresh Saraswat will be the beneficiary of the shares from Santosh Kumar Ramjilal Saraswat and Abha Sontoshkumar Saraswat. This transfer represents 11.16% of Yug Decor Ltd's total share capital. The rationale provided for the transaction is an inter-se transfer by way of Gift Deed among members of the Promoter Group.
The key details of the proposed acquisition are summarized below:
| Shareholding Detail | Acquirer / Transferee | Transferor / Donor | Shares Proposed | Percentage of Shareholding | Consideration |
|---|---|---|---|---|---|
| Acquisition via Gift Deed | Nisha Chandresh Saraswat | Santosh Kumar Ramjilal Saraswat & Abha Sontoshkumar Saraswat | 18,05,405 | 11.16% | Nil |
The transaction will result in a shift in shareholding details across the Promoter Group members:
| Shareholder | Shares Before Transaction (No./%) | Shares After Acquisition (%) |
|---|---|---|
| Nisha Chandresh Saraswat | 1,297,112 shares (8.01%) | Expected to reach 31,02,517 shares (19.17%) |
| Santosh Kumar Ramjilal Saraswat & Abha Sontoshkumar Saraswat | 560,709 shares (7.69%) | The shares are being gifted away in this transaction. |
The transfer is noted to maintain the status of both parties as members of the Promoter Group.
Stock Price Movement
Yug Decor Ltd finished up the trading day on Friday, rising by 4.18% to settle at ₹23.70. The shares spent the entire session completely flat, with the intraday range remaining tightly locked at ₹23.70.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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