Shareholding22 Jun 2026, 06:20 pm
Advance Metering Technology: Promoter group shareholding changes
AI Summary
Mrs. Ameeta Ranade, part of the Promoter and Promoter Group of Advance Metering Technology Ltd, has disclosed an acquisition of equity shares. This acquisition occurred through the transmission of shares following the demise of Late Mr. Pranav Kumar Ranade, who was a Promoter, Chairman & Executive Director. The transmission of shares is an operation of law and not a market purchase. Mrs. Ranade's holding increased to 12.12% post-acquisition.
Key Highlights
- Promoter group member's shareholding changed due to share transmission.
- Acquisition occurred by operation of law, not market purchase.
- Mrs. Ameeta Ranade's stake increased to 12.12%.
- The change follows the demise of Late Mr. Pranav Kumar Ranade.
Price Impact
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