Shareholding27 Aug 2026, 01:14 pm
Kreon Financial Services Increases Gujarat Winding Systems Stake to 5.96%
AI Summary
Kreon Financial Services Limited has disclosed a substantial acquisition of shares in Gujarat Winding Systems Limited, increasing its total holding to 5.96% of the total voting capital. The acquisition involved purchasing 48,268 equity shares through the open market, bringing the total number of shares held by Kreon Financial Services and its Persons Acting in Concert (PACs) to 289,552. This move signifies a notable increase in stake and falls under SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. The total share capital of Gujarat Winding Systems Limited remains unchanged at Rs. 4,85,79,000/-.
Key Highlights
- Kreon Financial Services acquired 0.99% stake in Gujarat Winding Systems.
- Total holding by Kreon Financial Services now stands at 5.96%.
- Acquisition was made through the open market.
- Disclosure made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
- No change in the total equity share capital of the target company.
Price Impact
More from GUJWIND