StockWatch
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Iron & Steel Products
Acquisitions27 Mar 2026, 06:54 pm

Chandrakanta Agarwal Acquires 0.73% Stake in Incredible Industries Ltd

AI Summary

Chandrakanta Agarwal, a part of the Promoter Group of Incredible Industries Limited, has disclosed the acquisition of 3,40,000 (Three Lacs Forty Thousand) Equity Shares under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. This acquisition increases Agarwal's holding to 0.73% from zero previous holding. The total equity share capital of the company is Rs. 46,76,37,500 divided into 4,67,63,750 shares of Rs. 10 each.

Key Highlights

  • Chandrakanta Agarwal, a part of the Promoter Group, acquires 0.73% stake in Incredible Industries Ltd
  • The acquisition is of 3,40,000 Equity Shares
  • This increases Agarwal's holding from zero previous holding
  • The total equity share capital of the company is Rs. 46,76,37,500 divided into 4,67,63,750 shares of Rs. 10 each
  • The acquisition is made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011