StockWatch
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Computers - Software & Consulting
Shareholding21 Aug 2026, 11:05 am

Vijay M Mandora Acquires 7.40% Stake in ECS Biztech

AI Summary

Vijay M. Mandora has acquired 15,20,700 equity shares, representing 7.40% of the diluted share capital, in ECS Biztech Limited. The transaction, an inter-se transfer between persons forming part of the promoter and promoter group, occurred on September 16, 2025. The disclosure was made on August 20, 2026, with a delay of 332 days. Following the acquisition, Mandora's shareholding in ECS Biztech increased from 52.10% to 59.50%. The acquisition was made under an exemption provided by Regulation 10 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Key Highlights

  • Vijay M. Mandora acquired 7.40% stake in ECS Biztech.
  • Transaction involved 15,20,700 equity shares via inter-se transfer.
  • Acquirer's stake increased to 59.50% post-acquisition.
  • Disclosure filed with a 332-day delay.
  • Acquisition made under SEBI takeover regulations exemption.