Shareholding19 Aug 2026, 08:00 pm
Glen Industries: Promoter Group Acquires 48,000 Shares, Stake Rises to 74.17%
AI Summary
Glen Industries Ltd announced that Lalit Agrawal (HUF), part of the Promoter Group, has acquired a total of 48,000 equity shares from public shareholders on August 18 and 19, 2026. The total acquisition value was ₹56,56,632. This move has increased the Promoter and Promoter Group's shareholding from 73.97% to 74.17% of the company's total paid-up equity share capital. The acquisitions were conducted in compliance with SEBI regulations regarding minimum public shareholding.
Key Highlights
- Promoter Group acquired 48,000 shares in Glen Industries.
- Total acquisition value amounted to ₹56,56,632.
- Promoter Group's stake increased from 73.97% to 74.17%.
- Acquisitions comply with SEBI minimum public shareholding norms.
Price Impact
More from GLEN