Acquisitions11 Mar 2026, 05:35 pm
Prudential Plc Subsidiary Acquires 5.01% Stake in Mahanagar Gas Ltd
AI Summary
Prudential Plc Eastspring Investments (Singapore) Limited, a subsidiary of Prudential Plc, has become a substantial shareholder of Mahanagar Gas Limited. The acquisition took place on 9th March 2026, with the subsidiary acquiring 66,037 shares carrying voting rights, representing 0.06% of the total voting rights. After the acquisition, Prudential Plc and its subsidiaries, including Eastspring Investments (Singapore) Limited and Eastspring Investments Incorporated, hold 5.01% of Mahanagar Gas Ltd shares.
Key Highlights
- Prudential Plc Eastspring Investments (Singapore) Limited has acquired a stake in Mahanagar Gas Limited
- The acquisition represents 0.06% of the total voting rights
- After the acquisition, Prudential Plc and its subsidiaries hold 5.01% of Mahanagar Gas Ltd shares
- The acquisition took place on 9th March 2026
- Eastspring Investments (Singapore) Limited and Eastspring Investments Incorporated are included in the subsidiaries of Prudential Plc that have acquired the stake