Sandhar Technologies promoter group adjusts shareholding via inter-se transfers

Cream & Cookies Family Trust and Hazelnut Family Trust, both part of the promoter group of Sandhar Technologies, have collectively acquired 52,45,860 equity shares of the company. Each trust acquired 26,22,930 shares, representing 4.36% of the total voting capital, through inter-se transfers by way of gift on August 29, 2025.

Mr. Jayant Davar is the settlor of Cream & Cookies Family Trust, while Mrs. Monica Davar is the settlor of Hazelnut Family Trust. The transfers were undertaken pursuant to a SEBI exemption order dated April 30, 2025, issued under Regulation 11(5) of the SAST Regulations, 2011.

In addition to direct share acquisitions, the family trusts also indirectly acquired shares held by Mr. Jayant Davar and Mrs. Monica Davar in other promoter group entities. The total voting capital of Sandhar Technologies remains at INR 60,19,07,080, divided into 6,01,90,708 equity shares of INR 10 each.