Business Update23 Aug 2024, 10:48 pm
Promoter Group of Shivalik Bimetal Controls Ltd. Sells 5.87% Shares Worth Rs. 11,52,08,400
AI Summary
In accordance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, TSL Holdings Pvt Ltd has disclosed the sale of 3379400 equity shares (5.87%) of Shivalik Bimetal Controls Ltd. The transaction took place between promoter group members, Mr. Sumer Ghumman (4.15%) and M/s O D Finance and Investments Pvt. Ltd. (1.72%), as an off-market transaction on 22nd August 2024. The total equity share capital of Shivalik Bimetal Controls Ltd. is Rs. 11,52,08,400 divided into 57604200 shares.
Key Highlights
- Sale of 3379400 equity shares, representing 5.87% of Shivalik Bimetal Controls Ltd.
- Transaction between promoter group members, Mr. Sumer Ghumman and M/s O D Finance and Investments Pvt. Ltd.
- Off-market transaction conducted on 22nd August 2024.
- Total equity share capital of Shivalik Bimetal Controls Ltd. is Rs. 11,52,08,400 divided into 57604200 shares.
- Shivalik Bimetal Controls Ltd. shares listed on BSE and NSE