Exemption order in the matter of Uni Abex Alloy Products Ltd.
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What is this order about?
SEBI examined an exemption request from Neterwala Family Trust for a proposed indirect acquisition of shares in Uni Abex Alloy Products Ltd., which would consolidate control within the Neterwala family without changing the promoter group's shareholding.
Who it concerns
Neterwala Family Trust
What was found or directed
- Exemption sought from SAST Regulations for indirect acquisition of 63.48% shares
- No change in promoter group shareholding (63.63% before and after)
- No change in public shareholding (36.37%)
- Acquisition via transfer of CFA shares to Trust without consideration
- No alteration in Target Company's equity share capital
| Source body | Securities & Exchange Board of India (SEBI) — enforcement orders |
| Reference number | WTM/KCV/CFD/02/2026-27 |
| Status | closed (section: order) |
| Year | 2026 |
| Closing date | — |
| Documents | 1 |
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Documents
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Order
2026-05-18
eo_uni_abex_alloy_products.pdf
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