Shareholding24 Apr 2026, 04:18 pm
Alstone Textiles: Dewan Motors' Shareholding Reduced to 3.52%
AI Summary
Alstone Textiles (India) Ltd. announced the receipt of disclosure under Regulation 29(1) of the SEBI (SAST) Regulations, 2011 from Dewan Motors Investment & Finance Ltd on April 23, 2026. Dewan Motors' shareholding in Alstone Textiles has decreased from 6.08% to 3.52% following an on-market sale. The total equity share capital of Alstone Textiles before and after the acquisition remains at ₹6,274,800,000 consisting of 6,274,800,000 equity shares of ₹1 each.
Key Highlights
- Dewan Motors' stake in Alstone Textiles decreased from 6.08% to 3.52%.
- The transaction was executed through an on-market sale.
- Disclosure made under SEBI (SAST) Regulations, 2011.
- Alstone Textiles confirms receipt of the disclosure from Dewan Motors.
Price Impact
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