The promoter group has increased its holding by acquiring 1.004 crore equity shares, taking its combined stake to 34.46%.
Promoter Group Strengthens Shareholding
The acquisition involved Manoj Agrawal and PACs, including Shikha Agrawal and Manoj Agrawal (HUF). The transaction was disclosed under SEBI's takeover regulations, detailing the change in their combined voting rights.
The Breakdown
- Shares Acquired: Manoj Agrawal and PACs acquired 1,00,37,569 equity shares, representing an additional 6.91% stake.
- Earlier Holding: Before the transaction, the acquirers held 4 crore shares, equivalent to 27.55% of the company's voting capital.
- Revised Holding: Their combined shareholding has increased to 5,00,37,569 shares, taking the total stake to 34.46%.
- Acquirers: The transaction involved promoter Manoj Agrawal and PACs Shikha Agrawal and Manoj Agrawal (HUF).
- Transaction Background: The shares were acquired pursuant to a Share Purchase Agreement signed on May 15, 2026. The disclosure was submitted on November 9, 2026.
What to Watch Next
Investors may track further changes in promoter shareholding and any additional disclosures concerning the company's ownership structure.
Disclaimer
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