StockWatch
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Non Banking Financial Company (NBFC)
Shareholding20 Aug 2026, 10:34 am

Ashoka Metcast Sells 2.14% Stake in Mena Mani Industries

AI Summary

Ashoka Metcast Limited, along with Persons Acting in Concert (PACs), has disclosed the disposal of 2,486,112 equity shares, representing 2.14% of the total share capital, in Mena Mani Industries Limited. The sale was conducted through the open market. Following this transaction, Ashoka Metcast Limited's holding in Mena Mani Industries has reduced to 8.62%, while the total holding of the acquirer/seller group, including PACs, stands at 8.97%. The transaction occurred between June 20, 2025, and August 18, 2026. The total equity share capital of Mena Mani Industries remains unchanged at Rs. 11,62,06,947/-.

Key Highlights

  • Ashoka Metcast sold 2.14% stake in Mena Mani Industries.
  • Sale executed via open market transactions.
  • Post-sale, Ashoka Metcast holds 8.62% stake.
  • Total promoter group holding reduced to 8.97%.
  • Transaction period: June 20, 2025 - August 18, 2026.