Gurmukh Singh Thakral Acquires 11.04% Stake in Meyer Apparel Ltd from TIL Investments Pvt. Ltd.

Gurmukh Singh Thakral, a promoter of Meyer Apparel Limited, has acquired 88,89,000 equity shares constituting 11.04% of the paid-up equity capital of the company from TIL Investments Pvt. Ltd., a promoter group. The acquisition was made through an off-market transfer under Regulation 10(1)(a)(ii) of the SEBI (SAST) Regulation, 2011. The price per equity share was Rs. 2.21. The acquisition was made within the timeline specified under the regulations.