StockWatch
·
Non Banking Financial Company (NBFC)
Acquisitions24 Mar 2026, 06:37 pm

Govindram Laluram Kabra, Promoter of Shree Metalloys Ltd, Discloses Sale of Shares Under Regulation 29(2) of SEBI Regulations

AI Summary

Govindram Laluram Kabra, a promoter of Shree Metalloys Ltd, has disclosed the sale of shares under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The sale took place through a gift deed, and the disclosure was made in compliance with Regulation 29. The sale details include 2,50,000 shares, which is 4.76% of the total shares and voting rights of the company. The total diluted share/voting capital of the company after the sale is 9.44%. The sale was made on the BSE Limited (BSE) platform.

Key Highlights

  • Govindram Laluram Kabra, a promoter of Shree Metalloys Ltd, disclosed the sale of shares under Regulation 29(2) of SEBI regulations.
  • The sale included 2,50,000 shares, which is 4.76% of the total shares and voting rights of the company.
  • The sale was made through a gift deed and in compliance with Regulation 29 of SEBI regulations.
  • The total diluted share/voting capital of the company after the sale is 9.44%.
  • The sale was made on the BSE Limited (BSE) platform.