Acquisitions6 April 2026 at 10:58 am
Promoter Ashish Bansal Acquires 6.91% Shares in Pondy Oxides & Chemicals Ltd via Transmission
AI Summary
Pondy Oxides & Chemicals Ltd has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Ashish Bansal, Promoter and Managing Director. Mr. Bansal has acquired 21,07,244 equity shares, which is 6.91% of the total equity share capital of the company, by way of transmission on 1st April 2026. This acquisition makes his total holding 22.11% of the company's equity shares.
Key Highlights
- Ashish Bansal, Promoter and Managing Director of Pondy Oxides & Chemicals Ltd, has acquired 6.91% shares of the company.
- The acquisition was made through transmission of shares on 1st April 2026.
- This acquisition increases Mr. Bansal's total holding to 22.11% of the company's equity shares.
- The total equity share capital of the company is Rs. 15,25,56,395 (3,05,11,279 Equity Shares of Rs. 5/- each).
- The acquisition was made in accordance with the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.