Landsmill Green Ltd reports promoter's gift transfer of 5 crore shares (3.54% stake)

What Landsmill Green Ltd announced

Landsmill Green Limited, formerly known as Excel Realty N Infra Limited, filed a disclosure with the National Stock Exchange (NSE) and BSE on 23 June 2026. The filing, made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, records a share‑gift transaction by the company’s promoter, Mr Lakhmendra Khurana. The promoter disposed of 5,00,00,000 equity shares, which corresponds to 3.54 % of the total share‑voting capital, by gifting the shares to his relatives on 19 June 2026.

Details of the share transfer

• Number of shares transferred: 5,00,00,000 equity shares (commonly expressed as 5 crore shares).
• Percentage of total capital: 3.54 % of Landsmill Green’s issued share capital.
• Transfer method: Inter‑transfer by way of gift among relatives of the promoter.
• Date of transfer: 19 June 2026.
• Promoter involved: Mr Lakhmendra Khurana, identified in the filing as the promoter of the company.
• Regulatory filing date: 23 June 2026, submitted to both NSE and BSE as required under SEBI Regulation 29(2).

The filing does not disclose the identity of the relatives receiving the shares, nor does it mention any consideration or cash component, confirming that the transaction was a pure gift.

Regulatory background

Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 mandates that any promoter or person acting in concert who acquires or disposes of more than 1 % of a listed company's share capital must disclose the transaction to the stock exchanges within two working days. The purpose is to ensure transparency about changes in control or significant shareholdings.

In this case, the promoter’s disposal of 3.54 % exceeds the 1 % threshold, triggering the filing requirement. The company complied by submitting the disclosure to NSE and BSE, attaching a letter addressed to the exchanges that outlines the details of the gift transfer.

Key facts at a glance

Why this matters for investors

The disclosure informs shareholders that the promoter’s direct holding has been reduced by 3.54 % of the company’s equity. Because the transfer was a gift, there is no cash inflow to the promoter or the company, and the overall share count of the company remains unchanged. The move may affect the promoter’s voting power, but it does not dilute existing shareholders’ equity.

From a compliance perspective, the filing demonstrates that Landsmill Green is adhering to SEBI’s transparency requirements. Investors can rely on the disclosed information to assess the current shareholding pattern of the promoter and to monitor any future changes that could arise from subsequent transactions.

Conclusion

Landsmill Green Ltd has formally recorded a promoter‑initiated gift of 5 crore shares, representing 3.54 % of its equity, to relatives on 19 June 2026. The transaction was disclosed on 23 June 2026 in accordance with SEBI Regulation 29(2). While the promoter’s stake has been reduced, the company’s capital structure remains unchanged, and no further regulatory approvals are indicated in the filing.

The company requests the exchanges to take the disclosed share‑gift on record, confirming compliance with applicable securities regulations.