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the quarter ended 30th June, 2023 :
a) Mr. Shri Paul Oswal transferred 5,98,000 class A Equity Shares of Devakar Investment and Trading Co Pvt Ltd (Part of Promoter Group of Vardhman Textiles Limited) to SP Oswal Trust and
b) Mrs. Shakun Oswal transferred 2,72,653 class A Equity Shares of Devakar Investment and Trading Co Pvt Ltd (Part of Promoter Group of Vardhman Textiles Limited) to Mrs Shakun Oswal Trust.
Aforesaid acquisition of shares of Devakar Investment and Trading Co Pvt Ltd by the above Trusts resulted in indirect acquisition of shares of Vardhman Textiles Limited and the same has been exempted by SEBI vide its Order dated 27th August, 2021 read with letter no. CFD/DCR/RAC-1/1473/1/2023 dated 11th January, 2023.
SP Oswal Trust and Mrs Shakun Oswal Trust are set up by Mr. Shri Paul Oswal and Mrs. Shakun Oswal respectively, being part of Promoter Group of Vardhman Textiles Limited.
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