Shareholding9 Jun 2026, 03:51 pm
Pawan Kumar Modi Acquires 22.30% Stake in National General Industries via Gift
AI Summary
Pawan Kumar Modi, a promoter of National General Industries Limited, has acquired 9,99,515 equity shares, representing 22.30% of the total share capital, through a gift from an immediate relative. This transaction, executed off-market on June 8, 2026, increases Modi's total shareholding to 36.16%. The acquisition complies with SEBI's takeover regulations, specifically regulation 10(1)(a)(i). The total equity share capital of the company remains unchanged at Rs. 4,48,26,590.
Key Highlights
- Promoter Pawan Kumar Modi acquired 22.30% stake via gift.
- Total shareholding increased to 36.16% post-acquisition.
- Transaction was an off-market inter-se transfer among relatives.
- Acquisition complies with SEBI takeover regulations.
- No change in the company's total equity share capital.
Price Impact
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