StockWatch
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Industrial Products
Shareholding8 Oct 2026, 01:17 pm

Containe Technologies: Anand Seethala & Botcha Bhavani Acquire Shares via Rights Issue

AI Summary

Containe Technologies Limited has filed a disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Anand Kumar Seethala and Botcha Bhavani have acquired equity shares through a Rights Issue. Anand Kumar Seethala's shareholding increased from 23.41% to 31.88%, while Botcha Bhavani's shareholding rose from 29.17% to 52.57%. The acquisition was made in reliance upon exemptions provided under Regulation 10(4)(a) & (b) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and no open offer was required. The disclosure was made on October 08, 2026.

Key Highlights

  • Anand Seethala and Botcha Bhavani acquired shares in Containe Technologies.
  • Acquisition was through a Rights Issue, exempting open offer requirements.
  • Anand Seethala's stake increased to 31.88%.
  • Botcha Bhavani's stake increased to 52.57%.
  • Disclosure filed under SEBI (SAST) Regulations, 2011.