StockWatch
·
Power Generation
Shareholding22 Jun 2026, 06:10 pm

Mrs. Ameeta Ranade Acquires 6.80% Stake in Advance Metering Technology via Transmission

AI Summary

Mrs. Ameeta Ranade, a promoter of Advance Metering Technology Ltd, has acquired a 6.80% stake in the company through transmission of shares. This acquisition occurred due to the demise of Late Mr. Pranav Kumar Ranade, who was also a promoter, Chairman & Executive Director. The shares were transferred by operation of law, not through market purchase or off-market transactions. Following this transmission, Mrs. Ranade's total holding in the company has increased to 12.12%. The disclosure is made as per SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Key Highlights

  • Promoter acquires 6.80% stake via share transmission.
  • Acquisition follows demise of Late Mr. Pranav Kumar Ranade.
  • Total promoter holding increases to 12.12%.
  • Transaction is by operation of law, not market purchase.
  • Disclosure filed under SEBI SAST Regulations, 2011.