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Regulatory8 Jul 2026, 07:20 pm

Lords Mark Industries: Revised Takeover Disclosure Filed

AI Summary

Lords Mark Industries Ltd has filed a revised disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The revisions pertain to disclosures made by Hariram Vibhuti Upadhyay and Manav Kishore Teli regarding share acquisitions. The acquisition of 3,60,000 equity shares by Hariram Vibhuti Upadhyay and 25,62,500 equity shares by Manav Kishore Teli were made pursuant to an approved Resolution Plan and Scheme of Amalgamation by the NCLT. The acquisition date is noted as 23/06/2026, and the price is stated as 'Not Applicable' due to the NCLT-approved process. These filings clarify shareholding changes resulting from corporate restructuring.

Key Highlights

  • Revised SEBI takeover disclosures filed by Lords Mark Industries.
  • Acquisitions by Hariram Vibhuti Upadhyay and Manav Kishore Teli detailed.
  • Shares acquired via NCLT-approved Resolution Plan and Amalgamation.
  • Acquisition price stated as 'Not Applicable' due to the process.
  • Disclosure relates to 0.08% diluted share capital for one acquirer.