AMD Industries: Adit Gupta Acquires 5.13% Stake via HUF Partition

AMD Industries Ltd has disclosed an acquisition of 9,82,500 shares, representing 5.13% of the company's diluted share capital, by Adit Gupta. This acquisition is a result of the partition of the Ashok Sons HUF, where the shares were allocated to Mr. Adit Gupta, a co-parcener. The transaction falls under Regulation 10(1)(a)(ii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, exempting the acquirer from making an open offer. The acquisition occurred on June 3, 2026. Post-acquisition, Adit Gupta's shareholding in AMD Industries has increased to 37.38%.