Shareholding24 Apr 2026, 10:19 am
GPL: T V Sandeep Kumar Reddy Acquires 21.54% via Allotment
AI Summary
T V Sandeep Kumar Reddy acquired 10,00,00,000 equity shares (21.54%) of Gayatri Projects Limited through preferential allotment. This acquisition increases his total holding, along with PACs, to 10,73,83,985 shares, representing 23.13% of the post-acquisition equity share capital. The acquisition was made under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Key Highlights
- T V Sandeep Kumar Reddy acquired 21.54% of Gayatri Projects via preferential allotment.
- The acquisition involved 10,00,00,000 equity shares of Gayatri Projects Limited.
- Post-acquisition, Reddy's holding along with PACs is 23.13% of GPL's equity.
- The acquisition is governed by SEBI's Substantial Acquisition Regulations.
- Date of allotment of shares is April 22, 2026.
Price Impact
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