Shareholding5 Oct 2026, 11:33 am
Sandeep Gupta Group Ups Stake in Asian Hotels (West) to 21.46%
AI Summary
Sandeep Gupta and Persons Acting in Concert (PACs) have increased their shareholding in Asian Hotels (West Limited from 1.72% to 21.46%. The acquisition, totaling 2,200,499 shares, was executed through an inter-se transfer. The total equity share capital of the company remains at 11,651,2100 before and after the acquisition. This substantial increase in stake by the promoter group signifies a significant shift in the company's ownership structure.
Key Highlights
- Sandeep Gupta group's stake in Asian Hotels (West) rose to 21.46%.
- Acquisition involved 2,200,499 shares via inter-se transfer.
- Pre-acquisition holding was 1.72% (200,000 shares).
- Post-acquisition holding is 21.46% (2,500,499 shares).
- The transaction is a promoter group shareholding change.
Price Impact
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