Buyback29 Sept 2026, 11:15 am
GFL Limited Sells 5.02 Lakh PVR INOX Shares in Buyback
AI Summary
GFL Limited, through its Company Secretary Lakhan Laxmi Rajam Shamala, has disclosed the sale of 5,02,200 equity shares in PVR INOX Limited as part of a company buyback. The transaction, which occurred between September 10 and September 17, 2026, resulted in GFL Limited's shareholding decreasing from 24.53% to 24.54% of the total share capital, and from 3.00% to 3.06% of the total diluted share capital. The total equity share capital of PVR INOX Limited reduced from 9,81,99,962 to 9,61,30,997 shares post-buyback. This disclosure is made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- GFL Limited sold 5,02,200 shares in PVR INOX Limited.
- The sale was part of PVR INOX's company buyback program.
- GFL's shareholding changed from 24.53% to 24.54% of total capital.
- The transaction reduced PVR INOX's total equity share capital.
- Disclosure made under SEBI SAST Regulations, 2011.
Price Impact
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