Packaging
Investment9 April 2026 at 08:25 am

M Prasad & Co Ltd & PACs Acquire 3.22% Stake in Jindal Poly Films Ltd Through Open Market

AI Summary

M Prasad & Co Ltd and PACs have acquired 14,09,536 equity shares of Jindal Poly Films Limited through the open market, cumulatively amounting to 3.22% of the company's share capital. This acquisition increases their holding to 11.40% post-acquisition. The acquisition was made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Key Highlights

  • M Prasad & Co Ltd and PACs acquire 3.22% stake in Jindal Poly Films Ltd
  • Acquisition made through open market
  • Post-acquisition holding increases to 11.40%
  • Compliance with SEBI regulations