Jyothy Labs promoters transfer significant equity to family trusts
M. P. Ramachandran and M. G. Shanthakumari, members of the Jyothy Labs promoter group, executed an off-market transfer of equity shares by way of gift on November 15, 2025. M. P. Ramachandran gifted 6,411,001 equity shares to M. P. Ramachandran Family Trust I, while M. G. Shanthakumari gifted 143,639,870 equity shares to M. P. Ramachandran Family Trust II.
Before the acquisition/disposal, M. P. Ramachandran held 6,412,012 shares (1.75%) and M. G. Shanthakumari held 143,640,871 shares (39.12%). After the transaction, M. P. Ramachandran and M. G. Shanthakumari each hold 1,001 shares (0%), while M. P. Ramachandran Family Trust I holds 6,411,011 shares (1.75%) and M. P. Ramachandran Family Trust II holds 143,639,870 shares (39.12%).
The overall promoter and promoter group holdings in Jyothy Labs remain unchanged at 62.89% of the total voting capital. The acquirers obtained an exemption from SEBI Regulation 3 of SAST.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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