StockWatch
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Packaging
Shareholding7 Aug 2026, 07:31 pm

Glen Industries Promoter Group Acquires 19,200 Shares

AI Summary

Glen Industries Ltd announced that Lalit Agrawal (HUF), a part of the Promoter Group, has acquired 19,200 equity shares for ₹21,75,774 at ₹113.32 per share. This acquisition has increased the Promoter and Promoter Group's total shareholding from 73.89% to 73.97% of the company's paid-up equity share capital. The transaction was conducted in compliance with SEBI regulations, ensuring minimum public shareholding requirements are met.

Key Highlights

  • Promoter Group entity acquired 19,200 shares.
  • Acquisition value totals ₹21.76 Lakhs.
  • Promoter Group's stake increased to 73.97%.
  • Transaction complies with SEBI public shareholding norms.