StockWatch
·
Pharmaceuticals
Shareholding10 Sept 2026, 09:36 am

Indoco Remedies: Promoters Acquire 38,930 Shares via Open Market

AI Summary

Indoco Remedies Ltd has disclosed a transaction under SEBI's substantial acquisition regulations. Ms. Aditi M Panandikar and Persons Acting in Concert (PACs) including Ms. Madhura Suresh Kare, Mr. Suresh G Kare, and Mrs. Aruna Suresh Kare, who are part of the promoter group, acquired a total of 38,930 equity shares from the open market. This acquisition represents a minor increase in their total shareholding, bringing their combined stake to 7.30% of the company's total share capital. The transaction occurred on September 8th and 9th, 2026.

Key Highlights

  • Promoter group acquired 38,930 shares in Indoco Remedies.
  • Acquisition was made through open market purchases.
  • Combined promoter holding increased slightly to 7.30%.
  • Transaction falls under SEBI's substantial acquisition regulations.