Shareholding14 May 2026, 08:49 am
Mrigashish Invest Acquires Additional Shares in Automobile Products
AI Summary
Mrigashish Investment & Trading Company Pvt Ltd, along with PACs, acquired additional equity shares of Automobile Products of India Limited through a rights issue. This acquisition, dated April 28, 2026, increased their shareholding to 1,099,164 shares, representing 17.68% of the total share/voting capital. The disclosure was made under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Mrigashish Investment & Trading Co. acquired shares in Automobile Products via rights issue.
- Post-acquisition, shareholding stands at 1,099,164 shares, representing 17.68%.
- Acquisition date is April 28, 2026, the date of allotment.
- Disclosure made under SEBI Takeover Regulations 29(1).
Price Impact
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