Umiya Holding Pvt Ltd Acquires Major Stake in Umiya Buildcon Ltd Through Open Market

Umiya Holding Pvt Ltd, a company not related to the promoter/promoter group, has acquired a significant stake in Umiya Buildcon Ltd (formerly MRO-TEK Realty Limited). The acquisition was made through the open market as per the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The details of the acquisition include 70,56,716 shares carrying voting rights, 1,86,84,602 voting rights otherwise than by equity shares, and no warrants or convertible securities. The acquired shares were encumbered with pledge/lien/non-disposal undertaking or others. The total diluted share/voting capital of Umiya Buildcon Ltd after the acquisition stands at 1,86,84,602.