Shareholding2 Jun 2026, 05:12 pm
Shashi Garg Acquires 6.17% Stake in Ruchira Papers via Transmission
AI Summary
Shashi Garg has acquired a 6.17% stake in Ruchira Papers Limited through transmission of shares. This acquisition follows the demise of Late Shri Umesh Chander Garg, the erstwhile Managing Director and Promoter. The total shareholding of Shashi Garg in the company now stands at 9.61%. The transaction was conducted off-market via transmission and inheritance.
Key Highlights
- Shashi Garg's stake increased by 6.17% to 9.61%.
- Acquisition is due to transmission of shares from a deceased promoter.
- Transaction occurred off-market via inheritance.
- This is a promoter group shareholding change.
Price Impact
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