
Shareholding6 Aug 2026, 07:51 pm
Glen Industries Promoter Group Acquires 44,400 Shares
AI Summary
Glen Industries Ltd announced that its Promoter Group has acquired a total of 44,400 equity shares from public shareholders on August 5th and 6th, 2026. The aggregate consideration for these acquisitions was ₹49,66,584/-. The first transaction involved 13,200 shares at ₹109.37 per share, and the second involved 31,200 shares at ₹112.91 per share. This strategic acquisition has increased the Promoter and Promoter Group's shareholding from 73.71% to 73.89% of the company's total paid-up equity share capital, while ensuring compliance with minimum public shareholding regulations.
Key Highlights
- Promoter Group acquired 44,400 shares from public shareholders.
- Total consideration for the acquisition was ₹49,66,584.
- Shareholding of Promoter Group increased to 73.89%.
- Acquisition complies with SEBI minimum public shareholding norms.
Price Impact
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