Shareholding27 Aug 2026, 07:30 pm
Glen Industries: Promoter Group Acquires 16,800 Shares, Stake Rises to 74.30%
AI Summary
Glen Industries Ltd announced that Lalit Agrawal (HUF), part of the Promoter Group, has acquired a total of 16,800 equity shares. The acquisitions occurred on August 26, 2026 (15,600 shares at ₹124.54 each) and August 27, 2026 (1,200 shares at ₹120.60 each) from public shareholders. These transactions have increased the Promoter and Promoter Group's aggregate shareholding from 74.23% to 74.30% of the company's total paid-up equity share capital. The company confirmed compliance with Minimum Public Shareholding requirements.
Key Highlights
- Promoter Group acquired 16,800 shares in Glen Industries.
- Total acquisition value amounts to ₹20,87,544.
- Promoter Group's shareholding increased to 74.30%.
- Acquisitions made at prevailing market prices.
- Compliance with Minimum Public Shareholding ensured.
Price Impact
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