Shareholding9 Jun 2026, 03:59 pm
National General Industries: Promoter Acquires 22.30% Stake 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 company's total share capital, through a gift from an immediate relative, Ashok Kumar Modi. This transaction, effective June 8, 2026, increases Pawan Kumar Modi's total holding to 36.16%. The acquisition was made off-market and is in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Key Highlights
- Promoter Pawan Kumar Modi acquired 22.30% stake via gift.
- Total promoter holding increased to 36.16%.
- Acquisition was an off-market transfer among immediate relatives.
- Transaction complies with SEBI Takeover Regulations.
Price Impact
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