Shareholding1 Jul 2026, 01:01 pm
Race Eco Chain Sells 2.1 Lakh Prime Industries Shares
AI Summary
Race Eco Chain Limited, along with its Persons Acting in Concert (PACs), has disclosed the sale of 2,10,000 equity shares in Prime Industries Limited. The transaction, executed via the open market, resulted in a decrease of the seller group's holding from 24.94% to 23.95% of the total share capital. The sale involved 0.99% of the total voting capital. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The total share capital of Prime Industries Limited remains unchanged at Rs. 10,50,17,000.
Key Highlights
- Race Eco Chain Limited and PACs sold 2,10,000 equity shares.
- Seller group's stake in Prime Industries reduced to 23.95%.
- Sale was conducted through the open market.
- Disclosure made as per SEBI Takeover Regulations.
- No change in the company's total equity share capital.
Price Impact
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