Shareholding4 Aug 2026, 07:30 pm
Glen Industries: Promoter Group Acquires 45,600 Shares, Stake Rises to 73.71%
AI Summary
Glen Industries Ltd announced that Lalit Agrawal (HUF), a part of the Promoter Group, has acquired 45,600 equity shares for ₹46,53,024 at ₹102.04 per share. This acquisition increases the Promoter and Promoter Group's total shareholding from 73.52% to 73.71% of the company's paid-up equity share capital. The transaction was conducted at prevailing market prices and complies with minimum public shareholding regulations.
Key Highlights
- Promoter Group acquired 45,600 shares of Glen Industries.
- Acquisition value totals ₹46,53,024 at ₹102.04 per share.
- Promoter Group's stake increased from 73.52% to 73.71%.
- Transaction complies with SEBI's minimum public shareholding norms.
Price Impact
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