StockWatch
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Non Banking Financial Company (NBFC)
Shareholding17 Jul 2026, 04:26 pm

M Amarnath Sells 40 Lakh Shares in India Cements Capital

AI Summary

M Amarnath and Mrs. Vidya Amarnath, acting through Paterson & Co., have disclosed the sale of their entire holding of 40,00,000 equity shares in India Cements Capital Limited. This transaction represents 18.42% of the company's total paid-up equity share capital. The sale was conducted via an off-market transaction on July 17, 2026. Following the sale, their shareholding in the company is now NIL. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • M Amarnath & Mrs. Vidya Amarnath sold 40,00,000 shares.
  • The sale constitutes 18.42% of the company's equity.
  • Post-sale, their shareholding in India Cements Capital is NIL.
  • Transaction was an off-market sale.
  • Disclosure filed under SEBI Takeovers Regulations.