Acquisitions23 Feb 2026, 05:32 pm
Promoter Vasudev Fatandas Sawlani Acquires Shares in Shantai Industries Through Transmission on Death of Co-Promoter
AI Summary
According to a disclosure made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, Vasudev Fatandas Sawlani has acquired equity shares in Shantai Industries Limited due to transmission of shares following the death of a fellow co-promoter. The acquisition increased his holding to 24.80% of the total diluted capital of the company.
Key Highlights
- Vasudev Fatandas Sawlani, a promoter of Shantai Industries Ltd, has acquired shares through transmission on death of co-promoter.
- His holding has increased to 24.80% of the total diluted capital of the company.
- The acquisition was made off-market.
- The total equity share capital of the company remains unchanged at 15,00,000 Equity Shares of Rs. 10/- each.
Price Impact
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