Promoter in Yug Decor Ltd transfers 1.85% stake via Gift Deed
Yug Decor Ltd has seen an inter-se share transfer within its promoter group, as Pooja Sanjeev Saraswat acquires 300,000 shares of the company from Santosh Kumar Ramjilal Saraswat through a gift deed. This transaction is part of a family arrangement aimed at succession planning and streamlining the family's assets.The proposed acquisition is set to take place on or after June 18, 2026. Pooja Sanjeev Saraswat, who belongs to the promoter group of Yug Decor Ltd, will acquire the shares from Santosh Kumar Ramjilal Saraswat. The transfer involves 3,00,000 shares, representing 1.85% of the company's share capital.
The acquisition is being executed as a gift deed and was initiated for private family arrangement purposes. This transfer falls under exemption clauses governing inter-se transactions among qualified persons within the promoter group. The move ensures that there will be no change in the total shareholding held by the Promoter Group following this internal transfer.
Shareholding Impact of the Transaction
The transaction significantly alters the holdings of the involved promoter members, as detailed below:| Stakeholder | Before Transaction (Shares/%) | After Transaction (Shares/%) |
|---|---|---|
| Pooja Sanjeev Saraswat (Acquirer) | 504,321 shares / 3.12% | 804,321 shares / 4.97% |
| Santosh Kumar Ramjilal Saraswat (Transferor) | 8,60,709 shares / 5.32% | 5,60,709 shares / 3.46% |
The details of the transfer, which is conducted by way of a gift deed and therefore carries nil consideration, were formalized in Ahmedabad on June 12, 2026.
Stock Price Movement
Yug Decor Ltd shares settled at ₹23.70 in post-market trading on Friday, edging higher by 4.18%. The stock remained locked through the entire session, as it traded completely flat between its high and low of ₹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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