TIPS Industries Limited has informed the Exchange about Disclosure under SEBI Takeover Regulations. Further to our intimation dated September 16, 2022 under Regulation 10(5) of SEBI (Substantial Acquisition of shares and Takeovers) Regulations, 2011, we have received disclosures pursuant to Regulation 10(6) and Regulation 29(1) & 29 (2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011 from Girish Kumar Taurani (for and on behalf of Acquirers) and Varsha Ramesh Taurani (for and on behalf of sellers) regarding inter-se transfers between immediate relatives through off-market transactions by way of gift.
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