Shareholding22 Jun 2026, 03:40 pm
Solidarity Advisors Pvt Ltd Acquires 0.44% Stake in Axtel Industries
AI Summary
Solidarity Advisors Private Limited, operating under its SEBI-registered Portfolio Management Services (PMS) license, has acquired 70,824 equity shares, representing 0.44% of the total equity share capital, of Axtel Industries Limited through an open market transaction on June 19, 2026. This acquisition brings Solidarity Advisors' total holding, along with persons acting in concert, to 5.20% of Axtel Industries' total equity share capital. The disclosure has been made in compliance with Regulation 29(1) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, and submitted within the stipulated timeframe.
Key Highlights
- Solidarity Advisors Pvt Ltd acquired 70,824 shares of Axtel Industries.
- The acquisition represents 0.44% of Axtel Industries' equity share capital.
- Total holding of Solidarity Advisors and PACs now stands at 5.20%.
- The transaction was executed via an open market purchase.
- Disclosure made as per SEBI (SAST) Regulations, 2011.
Price Impact
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