StockWatch
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Non Banking Financial Company (NBFC)
Shareholding17 Jun 2026, 05:31 pm

Maruti Global Promoter Increases Stake to 59.6021% via Open Market Buy

AI Summary

Rama Swamy Reddy Pedinekaluva, a promoter of Maruti Global Industries Ltd, has increased their stake in the company. On June 17, 2026, Pedinekaluva acquired 1,150 equity shares through an open market purchase. This acquisition raised the promoter's total shareholding from 59.5791% to 59.6021% of Maruti Global's total paid-up equity share capital. The disclosure was made in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company's total equity share capital remains at 50,00,300 shares of ₹10 each. This transaction reflects a slight consolidation of promoter holding.

Key Highlights

  • Promoter Rama Swamy Reddy Pedinekaluva acquired 1,150 equity shares.
  • The shares were purchased through the open market on June 17, 2026.
  • Promoter's stake in Maruti Global increased to 59.6021%.
  • This disclosure complies with SEBI SAST Regulations 29(2).
  • The transaction reflects a slight consolidation of promoter holding.