AMD Industries Limited has announced that it has received disclosures from M. Adit Gupta and Ashok Sons HUF, both promoters of the company, regarding an off-market inter-se transfer of shares. These disclosures have been made in accordance with Regulation 7(2) read with Regulation 6(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The company has taken these disclosures on record as per the provisions of Regulation 7(2)(b) of the SEBI PIT Regulations. Adit Gupta, a promoter, submitted his disclosure concerning the off-market transfer of shares between himself and the promoter group. Similarly, Ashok Sons HUF, also a promoter group entity, submitted its disclosure regarding the same type of transaction with the promoter. These transactions are part of routine disclosures related to promoter group shareholding adjustments and do not involve any new issuance or sale of shares to the public.
