Shareholding9 Jul 2026, 02:08 pm
M Amarnath Sells 4.7 Lakh India Cements Capital Shares
AI Summary
M Amarnath & Mrs. Vidya Amarnath, representing Paterson & Co., have disclosed the sale of 4,73,976 equity shares in India Cements Capital Ltd. The transaction was conducted via open market sale. Prior to the sale, the holding was 53,72,000 shares, representing 24.74% of the total equity. After the sale, the holding has reduced to 49,06,046 shares, now representing 22.60% of the total equity. The total paid-up equity share capital of the company is 2,17,06,200 shares. This disclosure is made pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- M Amarnath & Mrs. Vidya Amarnath sold 4,73,976 shares.
- Sale was executed through open market transactions.
- Shareholding reduced from 24.74% to 22.60%.
- Total shares held post-sale are 49,06,046.
- Disclosure filed under SEBI Takeover Regulations.
Price Impact
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