Mahesh Kantilal Shah & PACs Acquire 10.11% Stake in Royal Cushion Vinyl
Mahesh Kantilal Shah and Persons Acting in Concert (PACs) have acquired shares in Royal Cushion Vinyl Products Limited, increasing their total holding by 10.11%. The acquisition details show a total of 41,17,160 shares were transacted. Following this transaction, the combined holding of Mahesh Kantilal Shah and PACs in the company now stands at 10.11% of the total share capital. The filing is a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Mahesh Kantilal Shah & PACs acquired 41,17,160 shares.
- The acquisition represents a 10.11% increase in their shareholding.
- Total holding of acquirer group is now 10.11%.
- Disclosure filed under SEBI SAST Regulations, 2011.
- Transaction type is Purchase.
Price Impact
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