Shareholding30 Jul 2026, 08:48 am
Bandhan Small Cap Fund Acquires 5.08% Stake in L. T. Elevator
AI Summary
L. T. Elevator Limited has announced a preferential allotment of equity shares to Bandhan Small Cap Fund. The acquisition, dated July 27, 2026, results in Bandhan Small Cap Fund holding 10,80,000 equity shares, representing 5.08% of the total share capital and 4.95% of the total diluted share capital of L. T. Elevator. This disclosure is made under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The total equity share capital of L. T. Elevator before the acquisition was 91,63,055 shares, increasing to 1,02,43,055 shares after the allotment.
Key Highlights
- Bandhan Small Cap Fund acquired 10,80,000 shares via preferential allotment.
- The acquisition represents a 5.08% stake in L. T. Elevator.
- The transaction is in compliance with SEBI (SAST) Regulations, 2011.
- L. T. Elevator's total equity increased post-allotment.
Price Impact
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