Aggarwal family transfers Sterling Tools shares via gift

Ayesha Aggarwal, a member of the promoter group of Sterling Tools Limited, disclosed the acquisition of 54,000 equity shares of the company on November 20, 2025. This acquisition was an inter-se transfer (by way of gift) from her father, Atul Aggarwal, also a promoter of the company, through an off-market trade. This transaction falls under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Concurrently, Atul Aggarwal reported the disposal of 54,000 equity shares of Sterling Tools Limited on the same date, November 20, 2025, also as an inter-se transfer (by way of gift) to Ayesha Aggarwal. This disposal is in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Both parties confirmed that there is no change in the total shareholding of the promoter and promoter group of Sterling Tools Limited as a result of these transfers. Prior to the acquisition, Ayesha Aggarwal held 1,745,166 shares, representing 4.82% of the total voting capital. After the acquisition, her holding increased to 1,799,166 shares, representing 4.97%. Correspondingly, Atul Aggarwal's holding decreased from 9,499,574 shares (26.25%) to 9,445,574 shares (26.10%).