StockWatch
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Paper & Paper Products
Shareholding31 Aug 2026, 11:39 am

Kreon Financial Services Increases Gujarat Winding Systems Stake by 0.62%

AI Summary

Kreon Financial Services Ltd has disclosed a substantial acquisition of shares in Gujarat Winding Systems Limited, as per SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The acquirer, Kreon Financial Services Ltd, purchased an additional 30,000 equity shares, representing 0.62% of the total share capital, through open market transactions. This acquisition brings Kreon Financial Services' total holding in Gujarat Winding Systems to 362,792 shares, or 7.47% of the total share capital. The transaction was executed on August 27, 2026, and the total diluted share capital of the target company remains unchanged at Rs. 4,85,79,000/-.

Key Highlights

  • Kreon Financial Services acquired 30,000 shares in Gujarat Winding Systems.
  • The acquisition represents a 0.62% increase in shareholding.
  • Total holding by Kreon Financial Services now stands at 7.47%.
  • The transaction was conducted via open market purchases.
  • Disclosure made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.