Shareholding3 Jul 2026, 04:27 pm
O. P. Chains Ltd: Promoter Transfer Intimation Withdrawn
AI Summary
O. P. Chains Limited has announced the withdrawal of a prior intimation filed for an inter-se transfer of shares between promoters. The acquirer has submitted a withdrawal letter to the BSE, citing unforeseen reasons for the delay in executing the proposed off-market transfer of 27,50,100 equity shares. The company stated that a fresh intimation will be filed if the transaction proceeds at a later date. The withdrawal renders the previous intimation null and void.
Key Highlights
- Withdrawal of prior intimation for inter-se promoter share transfer.
- 27,50,100 equity shares were involved in the proposed transaction.
- Unforeseen reasons led to the withdrawal.
- A new intimation will be filed if the transaction is revisited.
Price Impact
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