Shareholding1 Jun 2026, 06:12 pm
Counter Cyclical Investment's Evans Electric Stake Decreases to 5.34%
AI Summary
Counter Cyclical Investments Private Limited, acting through its clients as a Portfolio Manager, has disclosed a change in its shareholding in Evans Electric Limited. As of May 27, 2026, the firm disposed of 15,000 shares of Evans Electric through open market transactions, reducing its stake from 5.61% to 5.34%. The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Counter Cyclical Investment disposed of 15,000 Evans Electric shares.
- The disposal was executed through open market transactions.
- Counter Cyclical Investment's stake in Evans Electric decreased to 5.34%.
- The shareholding change is reported under SEBI SAST Regulations.
- Evans Electric's equity share capital remains at 5,488,000 shares.
Price Impact
More from EVANS