
Shareholding27 Apr 2026, 03:34 pm
Midwest Ltd: Kollareddy Ranganayakamma Acquires 3.90% via Gift
AI Summary
Kollareddy Ranganayakamma, an immediate relative of promoters of Midwest Limited, acquired 14,08,851 equity shares (3.90%) from Mr. Rama Raghava Reddy Kollareddy (Promoter) through an inter-se transfer by way of gift on April 22, 2026. This transaction is exempt under Regulation 10(1)(a)(i) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and the aggregate shareholding of the Promoter and Promoter Group remains unchanged. The disclosure was made under Regulation 10(6) of the same regulations.
Key Highlights
- Kollareddy Ranganayakamma acquired 3.90% of Midwest Ltd via gift from a promoter.
- The inter-se transfer is exempt under SEBI takeover regulations.
- Promoter group's aggregate shareholding in Midwest Ltd remains unchanged.
- The acquisition involved 14,08,851 equity shares of Midwest Limited.
- Disclosure made under Regulation 10(6) of SEBI takeover regulations.
Price Impact
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