Shareholding15 Jun 2026, 03:10 pm
GS Auto International: Harkirat Ryait & PACs Disclose Rights Issue Acquisition
AI Summary
GS Auto International Ltd has filed a disclosure under SEBI's Takeover Regulations regarding an acquisition by Harkirat Ryait and Persons Acting in Concert (PACs) through a Rights Issue. The acquisition involved 87,72,835 shares, representing 20.14% of the total diluted capital, for a total value of Rs. 7,25,72,900. Following this, the combined holding of Harkirat Ryait and PACs stands at 2,00,52,355 shares, or 46.04% of the total diluted capital. The rights issue consisted of 1,45,14,580 equity shares of Rs. 5/- each.
Key Highlights
- Harkirat Ryait and PACs acquired shares via Rights Issue.
- Acquisition involved 87,72,835 shares, 20.14% of diluted capital.
- Total consideration for the acquisition was Rs. 7,25,72,900.
- Post-acquisition, combined holding is 46.04% of diluted capital.
- Disclosure made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Price Impact
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