Short term capital gain rates to a foreign trust

Hi all,

We have a small query on the Short Term Capital Gains as below?

If a Foreign Trust is selling its securities of an INDIAN COMPANY (Share of M/s.X Co.) to another INDIAN COMPANY, does it would attract  Short Term Capital Gains (assuming the shareholiding is less than 6 months).

If yes, what is the rate of tax that it needs to be calculated. Does the trust has to voluntarily declare this income and pay as self assessment tax while filing the ROI.

Thanks and Best Regards,

Srihari.K