Acquisitions5 Mar 2026, 04:12 pm
Galada Finance Ltd Receives Disclosure from Promoter Naveen Galada under SEBI Regulations
AI Summary
Galada Finance Ltd has received a disclosure from its promoter, Naveen Galada, under Regulation 29(1) & 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure reveals the acquisition of 66,000 shares carrying voting rights, which is 2.20% of the total voting capital of the company. This acquisition has increased the promoter's total holding to 17.71% of the company's total voting capital.
Key Highlights
- Naveen Galada, promoter of Galada Finance Ltd, has acquired 66,000 shares carrying voting rights.
- The acquisition represents 2.20% of the total voting capital of the company.
- The acquisition has increased the promoter's total holding to 17.71% of the company's total voting capital.
- The acquisition was made off-market.
- The total equity share capital and total voting capital of the company remains unchanged at Rs. 3,00,00,000 (Divided into 30,00,000 Paid Up Equity shares of Rs.10 each)
Price Impact
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