Shareholding26 Aug 2026, 10:56 am
Prabhusar Algotech Acquires 3.98% Stake in Purshottam Investofin
AI Summary
Prabhusar Algotech Private Limited, along with Persons Acting in Concert (PACs) Pramod Kumar Jain and Vinita Jain, has acquired 295,675 equity shares, representing 3.98% of the total share capital, in Purshottam Investofin Limited. This acquisition was made through the open market. Following this transaction, the total holding of Prabhusar Algotech and its PACs in Purshottam Investofin has increased to 385,614 shares, constituting 5.19% of the total diluted share capital. The total equity share capital of Purshottam Investofin remains INR 7,42,32,950, comprising 74,23,295 equity shares of INR 10 each.
Key Highlights
- Prabhusar Algotech acquired 3.98% stake in Purshottam Investofin.
- Total holding of acquirer and PACs now stands at 5.19%.
- Acquisition was executed via open market purchases.
- No change in the company's total equity share capital.
- Disclosure filed under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Price Impact
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