Landsmill Green promoter gifts 2 crore shares in second June transfer
Lakhmendra Khurana's second inter-se gift this month drops his holding to 5.37%; nano-cap with ₹121 cr market cap and zero revenue now has promoter at barely over 5%.
— 3 earlier stories on Landsmill Green Ltd. →What's new
- Promoter Lakhmendra Khurana gifted 2 crore shares (1.42% equity) via inter-se transfer on June 25.
- His stake fell from 6.79% to 5.37%, following a 3.55% gift earlier this month.
- The transaction, valued at ₹1.72 crore, was disclosed under SEBI insider trading norms.
Why this matters
The pattern of two gifts in three days suggests potential estate planning or reduced commitment, a concern for any nano-cap but especially one with near-zero revenue and a market cap of ₹121 crore.
What we're watching
- Whether the promoter's stake drops below 5%, triggering additional disclosure requirements.
- Any open market sales or further gifts in the coming weeks.
- Management commentary on shareholding restructuring plans.
The full read
Landsmill Green's promoter Lakhmendra Khurana has gifted away 2 crore shares ( 1.42% of equity) to an undisclosed recipient, his second such move this month. The transfer valued at ₹1.72 crore reduced his holding from 6.79% to 5.37%, following a 3.55% gift just two days earlier. The context matters: this is a nano-cap with a market cap of ₹121 crore, trailing revenue of ₹7.30 crore in FY26, and no reported profit. For a company this small, promoter stake changes (even through gifts) are material. They can signal estate planning or simply a waning commitment. The stock already trades at a P/E of 128.4 on thin earnings. The open question is whether the promoter's stake is headed lower or if this is just a one-time cleanup.
Questions answered
- Why is a gift transfer significant if it's not a sale?
- Gift transfers still reduce the promoter's ownership percentage, which can signal dilution of control or commitment. For a nano-cap, even indirect stake reductions are closely watched.
- How much stake has the promoter gifted this month?
- Lakhmendra Khurana gifted 3.55% on June 23 and 1.42% on June 25, totaling a reduction of 4.97% in June alone.
- What is the promoter's current holding after these transfers?
- After the latest gift, he holds 7.57 crore shares, or 5.37% of the total equity, down from 9.57 crore shares (6.79%).
- Does the company have any revenue or profit?
- Landsmill Green reported zero sales and zero net profit in the latest quarter (Mar 2026). Its trailing P/E is 128.4 with a market cap of ₹121 crore.
Landsmill Green Ltd.
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All notes on LANDSMILL →- 1 Jul 2026 · 2:55 PM IST Landsmill Green promoter gifts 2 crore shares in second June transfer
- 13d ago Landsmill Green promoter gifts 3.55% stake, drops below key threshold
- 33d ago Landsmill Green's annual profit is ₹95 lakh on a ₹124 cr valuation
- 41d ago Landsmill Green revenue drops to ₹7.30 crore in FY26