StockWatch
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Auto Components & Equipments
Shareholding15 Jun 2026, 03:11 pm

GS Auto International: Jasbir Singh Ryait & PACs Disclose Share Purchase

AI Summary

Jasbir Singh Ryait and Persons Acting in Concert (PACs) have disclosed their purchase of equity shares in GS Auto International Limited through a Rights Issue, as per SEBI regulations. The disclosure details the acquisition of shares carrying voting rights and the resulting post-acquisition shareholding. The total diluted share capital of the company before the acquisition was Rs. 21,77,18,700, comprising 1,45,14,580 Equity Shares and 2,90,29,160 Partly paid-up equity shares. The acquisition involved partly paid-up shares allotted on June 11, 2026, via the Rights Issue Committee.

Key Highlights

  • Jasbir Singh Ryait & PACs disclosed share acquisition via Rights Issue.
  • Acquisition details pertain to equity shares with voting rights.
  • Post-acquisition, total holding of acquirer and PACs stands at 46.04%.
  • The company's share capital structure before acquisition detailed.
  • Partly paid-up shares were acquired through the Rights Issue.