
Intensive Softshare sells 5.93% stake in Lakhotia Polyesters
Intensive Softshare Private Limited has sold 6,21,000 equity shares, constituting 5.93% of the issued capital of Lakhotia Polyesters (India) Limited. The transaction took place on September 21, 2026, through an open market sale. Concurrently, Intensive Finance Private Limited, identified as a Person Acting in Concert (PAC) with the seller/acquirer, acquired these shares. Prior to the disposal, Intensive Softshare held 5.93% and Intensive Finance held 9.39%, totaling 15.32%. Following the transaction, Intensive Softshare's holding is now zero, while Intensive Finance's stake has increased to 15.32%. This disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Intensive Softshare sold 6.21 lakh shares (5.93%) of Lakhotia Polyesters.
- Intensive Finance Private Limited acquired the shares.
- The transaction occurred via open market on September 21, 2026.
- Post-sale, Intensive Finance holds 15.32% of the company.
- This is a substantial shareholding disclosure under SEBI regulations.
Price Impact
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