StockWatch
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Trading & Distributors
Shareholding25 Jun 2026, 02:03 pm

Samir Shah Acquires 1.37% Stake in Medico Intercontinental

AI Summary

Samir Shah, along with Persons Acting in Concert (PACs), has acquired 1,36,886 equity shares, representing 1.37% of the total share capital, in Medico Intercontinental Limited (MIL) through open market purchases between June 3, 2026, and June 24, 2026. This acquisition increases the total shareholding of Samir Shah and PACs to 60.48% (60,47,711 shares). The disclosure was made in accordance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Samir Shah and PACs acquired 1.37% stake in Medico Intercontinental.
  • Acquisition was through open market purchases between June 3-24, 2026.
  • Total promoter group holding now stands at 60.48%.
  • Disclosure filed under SEBI Takeover Regulations.