Utsav Promoters Acquires 0.0181% Stake in Tai Industries
Utsav Promoters Private Limited, along with its Persons Acting in Concert (PACs) including Reality Merchants Private Limited, Octagon Merchants Private Limited, and Parton Vinima Private Limited, has disclosed an acquisition of 1083 fully paid-up equity shares of Tai Industries Limited. This acquisition represents 0.0181% of the total paid-up equity and voting share capital of the target company. The transaction was conducted through the open market. Prior to this acquisition, Utsav Promoters held 1,73,657 shares, representing 2.8943% of the total share capital. Post-acquisition, their total holding stands at 1,74,740 shares, amounting to 2.9123% of the total share capital. The total diluted share capital of Tai Industries Limited remains Rs. 6,00,00,000/- divided into 60,00,000 equity shares of Rs. 10/- each.
Key Highlights
- Utsav Promoters acquired 1083 shares in Tai Industries.
- The acquisition increased Utsav Promoters' stake to 2.9123%.
- The transaction was executed via the open market.
- PACs involved include Reality Merchants and Octagon Merchants.
- This is a disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Price Impact
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