Shareholding15 Sept 2026, 03:38 pm
Prime Industries: Promoters Sell 19.95% Stake
AI Summary
Rajinder Kumar Singhania and associated entities (PACs) have disclosed the disposal of 13,01,000 equity shares in Prime Industries Limited. This sale represents approximately 19.95% of the total shareholding. Following this transaction, the total promoter and PAC shareholding in the company has reduced to 6.11%. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Promoters and PACs disposed of 19.95% stake in Prime Industries.
- Total promoter and PAC shareholding reduced to 6.11%.
- Disclosure filed under SEBI Takeover Regulations.
- Transaction involved off-market sale of equity shares.
Price Impact
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