StockWatch
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Coal
Acquisitions30 Mar 2026, 06:25 pm

Promoters Devendra Kumar Agarwalla, Shrutika Agarwalla, and Madhu Agarwalla Acquire Shares in Foundry Fuel Products Ltd via Gift

AI Summary

According to a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, Devendra Kumar Agarwalla, Shrutika Agarwalla, and Madhu Agarwalla have acquired shares in Foundry Fuel Products Ltd through a gift on March 30, 2026. Devendra Kumar Agarwalla received 2,04,542 shares from Shrutika Agarwalla (1,47,550 shares) and Madhu Agarwalla (56,992 shares). This acquisition increases Devendra Kumar Agarwalla's shareholding to 14.72% of the total share capital and voting rights.

Key Highlights

  • Devendra Kumar Agarwalla, Shrutika Agarwalla, and Madhu Agarwalla have acquired shares in Foundry Fuel Products Ltd through a gift.
  • Devendra Kumar Agarwalla received 2,04,542 shares from Shrutika Agarwalla (1,47,550 shares) and Madhu Agarwalla (56,992 shares).
  • The acquisition increases Devendra Kumar Agarwalla's shareholding to 14.72% of the total share capital and voting rights.