Shareholding30 Jul 2026, 08:59 am
Yash Patel & Others Acquire 15.55% Stake in Purple Wave Infocom
AI Summary
Yash Patel and Persons Acting in Concert (PAC) have disclosed a substantial acquisition of shares in Purple Wave Infocom Ltd. The acquisition involved 14,38,000 equity shares, representing 15.55% of the total share capital. This transaction, executed via the open market, brings the total holding of Yash Patel and PACs to 16,85,000 shares, or 18.22% of the company's equity. The acquisition date is noted as 29-07-2026. The total diluted share capital of the company remains unchanged at 92,46,000 equity shares.
Key Highlights
- Yash Patel and PACs acquired 14,38,000 shares in Purple Wave Infocom.
- The acquisition represents a 15.55% stake in the company.
- Post-acquisition, their total holding is 18.22% (16,85,000 shares).
- The acquisition was made through open market purchases.
- This filing is under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Price Impact
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