Shareholding15 Sept 2026, 02:50 pm
Prime Industries: Promoters Sell 19.95% Stake
AI Summary
Prime Industries Ltd has disclosed a significant change in its promoter shareholding. Master Trust Ltd and other Persons Acting in Concert (PACs) have disposed of 1,07,000 equity shares, representing approximately 19.95% of the total promoter shareholding. This transaction, conducted via open market, has reduced the total promoter shareholding in the company to 6.11%. The total value of the sale was Rs. 10,50,17,000. This disclosure is made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Promoters of Prime Industries Ltd sold 19.95% stake.
- Master Trust Ltd and PACs were involved in the disposal.
- Open market transaction occurred on September 11, 2026.
- Promoter shareholding reduced from 26.07% to 6.11%.
- Sale value amounted to Rs. 10,50,17,000.
Price Impact
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