Shareholding1 Jul 2026, 03:26 pm
LG Farm Products Sells 48.03 Lakh LGB Forge Shares
AI Summary
LG Farm Products Private Limited, a promoter of LGB Forge Ltd, has disclosed the sale of 48,03,181 equity shares, representing 2.02% of the total share capital. The disposals occurred between June 11, 2026, and June 25, 2026, via open market transactions. This sale triggered the disclosure obligation under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, following the disposal of 81,910 shares on June 25, 2026. Following the sale, LG Farm Products and Persons Acting in Concert hold 35,21,285 shares, or 1.47% of the total equity.
Key Highlights
- Promoter LG Farm Products sold 48.03 lakh LGB Forge shares.
- Sale occurred via open market transactions between June 11-25, 2026.
- Disposal triggered SEBI takeover regulations disclosure.
- Post-sale promoter holding reduced to 1.47%.
Price Impact
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