Ajanta Soya: Promoter gifts 36.93% stake in 2026

What changed at Ajanta Soya

Ajanta Soya Limited disclosed a major internal promoter realignment after promoter Chander Kala Goyal transferred a large block of equity shares to the CKG Family Trust. The transfer was executed by way of gift and involved 2,97,21,877 equity shares. This represents 36.93% of Ajanta Soya’s paid-up share capital.

The company indicated that the move is part of a broader succession plan within the promoter group. Importantly, the restructuring was presented as a consolidation of promoter holdings under a trust structure, without changing the overall promoter group ownership in Ajanta Soya.

Details of the Ajanta Soya share transfer

The disclosure states that Chander Kala Goyal transferred the shares to the CKG Family Trust over September 16 and September 17, 2026. The mode of transfer was a gift. The filing also noted that the transaction was executed under a SEBI exemption from open offer norms for such internal promoter realignments.

From a shareholding perspective, the key point is that this is not a promoter exit from the company to the public market. It is a reallocation inside the promoter ecosystem where the legal holder changes, but the promoter group’s aggregate stake remains the same.

Promoter holding is unchanged, but control gets centralised

After the transfer, the promoter group stake in Ajanta Soya remains unchanged at 49.80%, according to the restructuring summary shared. What changes is the concentration of voting power and the consolidation of governance within the CKG Family Trust.

The trust’s post-transfer direct stake is reported at 38.27%. In addition, the trust exercises indirect influence through a promoter group company, which increases the trust’s effective control. This structure keeps promoter control steady at the group level, while placing the centre of control within a single trust vehicle.

CAMWPL transaction and Ajanta Soya’s indirect holding link

Alongside the Ajanta Soya share transfer, the disclosure mentions an additional gift involving Cosmic Alloys and Metal Works Private Limited (CAMWPL). Mrs. Goyal gifted 3,76,004 equity shares of CAMWPL to the CKG Family Trust. CAMWPL is stated to hold an indirect 11.18% stake in Ajanta Soya.

Post-transfer, the trust is described as holding a direct stake of 38.27% in Ajanta Soya and exercising indirect control over an additional 11.18% via CAMWPL. This brings the trust’s effective influence to 49.45% of Ajanta Soya’s equity, as stated in the disclosure.

The article also contains a separate line stating that Ajanta Soya promoter Chander Kala Goyal acquired 3,76,004 equity shares of CAMWPL, representing 51.02% of CAMWPL, through a gift transaction dated September 15, 2026. Taken together, these disclosures point to gift-based restructuring activity involving CAMWPL within the promoter group around mid-September 2026.

Pre and post shareholding snapshot (as disclosed)

The company provided a simple pre and post holding table showing the direct Ajanta Soya holdings moving from the promoter’s name to the trust.

Public shareholding remains unchanged

The restructuring summary states that public shareholding remains unchanged at 50.20%. The disclosure notes that this maintains compliance with minimum public shareholding norms.

Separately, the material also includes an exchange shareholding snapshot showing promoter and promoter group holding at 49.37% and public holding at 50.63% (with promoter group shareholders listed as 17 and public shareholders listed as 40,139). These numbers are presented as part of the exchange’s received disclosure under SEBI SAST Regulation 29(2), and they provide additional context on the company’s shareholding distribution as reported in that filing.

Earlier 2026 acquisition by the trust provides context

The article text also references an earlier disclosure dated March 31, 2026, where CKG Family Trust increased its stake through open market purchases on the BSE between March 18 and March 27, 2026. In that period, the trust acquired 3,45,000 equity shares, taking its holding from 7,33,580 shares (0.91%) to 10,78,580 shares (1.34%).

That earlier acquisition was disclosed under SEBI takeover regulations. The company’s total equity capital was stated as ₹16.10 crore, divided into 8,04,82,990 shares of ₹2 each. This earlier context matters because it shows the trust already existed as a promoter group holder before the September gift transaction that significantly increased its direct stake.

Why the SEBI exemption matters in such transfers

The disclosure highlights that the September 2026 transfer was executed as a gift under a SEBI exemption from open offer norms. In practical terms, open offer obligations often arise when share acquisitions cross specified thresholds, but promoter-to-promoter or internal reclassifications can qualify for exemptions when conditions are met.

In this case, the transaction is described as internal promoter realignment tied to succession planning, and the key reported outcome is no change in total promoter group ownership. That is also why the company emphasised unchanged public shareholding and continuing compliance with minimum public float requirements.

Key dates and figures at a glance

Market impact and what investors can infer from the filings

The filings describe a significant change in the holder of a large equity block, but not a sale into the market. Since the transaction is structured as a gift and the total promoter group stake is reported as unchanged, the immediate implication is governance and voting power concentration rather than a shift in ownership between promoter and public shareholders.

For investors tracking promoter actions, the key factual takeaway from the disclosure is that voting power becomes significantly centralised within the CKG Family Trust. At the same time, the reported public shareholding remains unchanged at 50.20%, and the promoter group retains near-50% ownership, as presented in the restructuring table.

Conclusion

Ajanta Soya’s latest disclosure shows promoter Chander Kala Goyal transferring 36.93% of the company’s equity to the CKG Family Trust through a gift on September 16-17, 2026, under a SEBI exemption framework. The promoter group’s overall stake is reported to remain at 49.80%, while the trust’s direct and indirect influence is stated at 49.45% post-transfer. Further updates, if any, are likely to come through additional SEBI SAST filings and exchange disclosures as the promoter group completes the succession-linked restructuring steps mentioned in the announcement.