Shareholding24 Aug 2026, 05:01 pm
Hasanain S Mewawala Increases Stake in Expo Engineering
AI Summary
Hasanain S Mewawala, a promoter of Expo Engineering And Projects Ltd, has acquired 1,41,429 equity shares through preferential allotment. This acquisition increases his total shareholding to 22,53,763 shares, representing 8.69% of the total diluted share capital. The shares were converted from warrants allotted on September 23, 2025, and subsequently converted into equity on August 11, 2026, with the final conversion date being August 20, 2026. The acquisition was made on a preferential basis as per SEBI regulations.
Key Highlights
- Promoter Hasanain S Mewawala acquired 1,41,429 shares.
- Total holding increased to 22,53,763 shares (8.69% diluted).
- Acquisition was via preferential allotment of convertible warrants.
- Warrants converted to equity shares on August 20, 2026.
- Disclosure filed under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Price Impact
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