Shareholding28 Jul 2026, 10:11 am
Pace Stock Broking & PAC Acquire 6.34% Stake in Millworks Technologies
AI Summary
Pace Stock Broking Services Pvt Ltd and Shine Star Build-Cap Private Limited (PAC) have disclosed their substantial acquisition of shares in Millworks Technologies Ltd. The acquisition, triggered by open market purchases after an initial allotment during the IPO, has resulted in their combined shareholding reaching 6.34%. This disclosure is made under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The initial allotment included 424,000 shares to Pace Stock Broking and 15,200 shares to Shine Star Build-Cap.
Key Highlights
- Pace Stock Broking and PAC now hold 6.34% of Millworks Technologies.
- Acquisition triggered by open market purchases post-IPO.
- Disclosure made under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
- Initial IPO allotment to acquirers detailed.
Price Impact
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