Shareholding11 April 2026 at 11:51 am
Octagon Merchants & PACs acquire 3.3% stake in Tai Industries via open market
AI Summary
Octagon Merchants Private Limited, along with Persons Acting in Concert (PACs) Reality Merchants Private Limited and Utsav Promoters Private Limited, has acquired additional shares in Tai Industries Limited. The shares were purchased from Parton Vinimay Private Limited through an open market transaction on April 10, 2026. Prior to this acquisition, the acquirer and PACs held 13.1342% (7,88,058 shares) of Tai Industries' voting capital. Following the transaction, their combined shareholding increased to 16.4379% (9,86,279 shares), representing a 3.3037% increase. This disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Octagon Merchants & PACs increased their stake in Tai Industries.
- Their shareholding rose from 13.1342% to 16.4379%.
- The acquisition of 3.3037% was conducted through the open market.
- Parton Vinimay Pvt Ltd was the seller in this transaction.
- The transaction occurred on April 10, 2026.