Shareholding21 May 2026, 03:58 pm
GMD Corporate Advisors LLP Acquires 5.6% Stake in Ashoka Refineries
AI Summary
GMD Corporate Advisors LLP acquired a 5.6% stake in Ashoka Refineries Ltd through an off-market transaction, according to a disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The acquisition involved 1,90,800 equity shares, maintaining the total voting capital of Ashoka Refineries at 3,40,19,000 both before and after the acquisition. The date of acquisition is May 21, 2026.
Key Highlights
- GMD Corporate Advisors LLP acquired 1,90,800 shares of Ashoka Refineries Ltd.
- The acquisition represents 5.6% of Ashoka Refineries' total share capital.
- The transaction was executed off-market.
- Ashoka Refineries' equity share capital remains at 3,40,19,000 after the acquisition.
- The acquisition date is May 21, 2026.
Price Impact
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