Shareholding13 Aug 2026, 12:15 pm
Eagle Fibre Ltd Acquires 26.94% Stake in Sumeet Industries
AI Summary
Eagle Fibre Ltd, along with JPB Fibres, Rohan D Modh, and Supreme (India) Impex Limited, has acquired a 26.94% stake in Sumeet Industries Limited. The acquisition, totaling 18,72,00,000 shares, was executed through an open market transaction on August 12, 2026. This disclosure is made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The total equity share capital of Sumeet Industries Limited before and after the acquisition remains Rs. 138,94,99,794, representing 69,47,49,487 shares of Rs. 2 each.
Key Highlights
- Eagle Fibre Ltd and associated entities acquired 26.94% of Sumeet Industries.
- Acquisition involved 18,72,00,000 shares via open market.
- Transaction date was August 12, 2026.
- Disclosure filed under SEBI Takeover Regulations.
- No change in total equity share capital of Sumeet Industries.
Price Impact
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