Packaging
Acquisitions28 March 2026 at 08:01 am

Promoter Group of Glen Industries Ltd Acquires Shares Worth Rs. 78,000

AI Summary

Glen Industries Ltd has announced that Lalit Agrawal (HUF), which is part of the Promoter Group, has acquired 1,200 equity shares from public shareholders of the Company. The acquisition, made on March 27, 2026, was done at the prevailing market price of Rs. 65/- per share, amounting to Rs. 78,000.00/-. This has resulted in the Promoter and Promoter Group's shareholding increasing from 73.42% to 73.43% of the total paid-up equity share capital of the Company. The acquisition complies with the minimum public shareholding requirements as per SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.

Key Highlights

  • Lalit Agrawal (HUF), part of Glen Industries Ltd's Promoter Group, acquired 1,200 equity shares.
  • The acquisition was made at the prevailing market price of Rs. 65/- per share, amounting to Rs. 78,000.00/-.
  • The acquisition increased the Promoter and Promoter Group's shareholding from 73.42% to 73.43%.
  • The acquisition complies with SEBI's minimum public shareholding requirements.
  • The acquisition was made on March 27, 2026.