StockWatch
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Cement & Cement Products
Shareholding5 May 2026, 11:11 am

Ricky Kirpalani & PACs Increase Stake in Deccan Cements to 11.33%

AI Summary

Ricky Kirpalani and Persons Acting in Concert (PACs) increased their shareholding in Deccan Cements Ltd. to 11.33% of the total diluted share/voting capital. The acquisition, made through open market purchases between July 17, 2025, and April 30, 2026, involved the acquisition of 2,81,285 shares. The total diluted share/voting capital of Deccan Cements after the acquisition is 1,40,07,500 shares.

Key Highlights

  • Ricky Kirpalani & PACs now hold 15,87,058 shares in Deccan Cements.
  • The acquisition was executed through open market purchases.
  • The shareholding increased from 9.32% to 11.33% after the acquisition.
  • The acquisition period spanned from July 17, 2025, to April 30, 2026.