Shareholding24 Oct 2026, 05:40 pm
Akar Auto Industries: Share Transmission Post Demise
AI Summary
Akar Auto Industries Ltd has informed the stock exchange about the transmission of 36,200 equity shares (0.34% of paid-up capital) from the deceased member, Late Smt. Sushila Devi Gupta, to her legal heir, Shri Narendrakumar Gupta. This transmission is in accordance with applicable laws and SEBI regulations. Consequently, Late Smt. Sushila Devi Gupta will be excluded from the promoter/promoter group category, and the updated shareholding will be reflected in the company's pattern for the quarter ending September 30, 2026.
Key Highlights
- Shares transmitted from deceased member to legal heir.
- 0.34% of paid-up capital transferred (36,200 shares).
- Deceased member excluded from promoter/promoter group.
- Change to be reflected in Q2 FY27 shareholding pattern.
Price Impact
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