Shareholding6 Jun 2026, 10:30 am
Balrampur Chini: Meenakshi Mercantiles Discloses Shareholding Change
AI Summary
Meenakshi Mercantiles Ltd. and its Persons Acting in Concert (PACs) have disclosed a change in their shareholding in Balrampur Chini Mills Limited, as per SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The disclosure indicates an acquisition of 12,50,000 shares, representing 0.59% of the total share capital. Prior to this transaction, Meenakshi Mercantiles and its PACs held approximately 42.85% of the company's shares.
Key Highlights
- Meenakshi Mercantiles Ltd. and PACs disclosed shareholding changes.
- Acquisition of 12,50,000 shares (0.59%) in Balrampur Chini Mills.
- Pre-acquisition holding by acquirer group was 42.85%.
- Disclosure made under SEBI Takeover Regulations, 2011.
Price Impact
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