StockWatch
·
Other Textile Products
Shareholding15 Jun 2026, 02:50 pm

Pradeep Ganediwal Acquires 5.25% Stake in Mid India Industries

AI Summary

Pradeep Ganediwal, a promoter of Mid India Industries Limited, has acquired 8,56,126 equity shares, representing 5.25% of the company's total paid-up equity share capital. The acquisition occurred on June 11, 2026, via an off-market inter-se transfer through transmission of shares, without any monetary consideration. This transaction increases Ganediwal's total shareholding to 19.78%. The filing is made as per SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Promoter Pradeep Ganediwal acquired 5.25% stake.
  • Acquisition was via off-market inter-se transfer.
  • No monetary consideration was involved.
  • Total promoter holding increased to 19.78%.