Shareholding22 May 2026, 05:33 pm
Shrinivas V Dempo & Others Increase Stake in Hindustan Foods
AI Summary
Shrinivas V Dempo and associated Persons Acting in Concert (PAC) have increased their shareholding in Hindustan Foods Limited. The acquisition, made through allotment by the company pursuant to a scheme of arrangement, has resulted in a change in the shareholding percentages of the acquirers. The disclosure is made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Shrinivas V Dempo & Others acquired shares in Hindustan Foods via scheme of arrangement.
- Total shareholding of the acquirer group increased to 18.62% post-acquisition.
- The acquisition was made through allotment by Hindustan Foods.
- Disclosure made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations.
- Equity share capital of Hindustan Foods after acquisition is ₹24,23,25,404.
Price Impact
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