Shareholding5 Jun 2026, 05:01 pm
Rakesh Tainwala & PACs Disclose Shareholding Change
AI Summary
Tainwala Chemicals and Plastics (India) Ltd has filed a disclosure under SEBI's substantial acquisition regulations. Rakesh Dungarmal Tainwala, along with several Persons Acting in Concert (PACs), has reported a change in shareholding. The acquisition involved 5,86,464 shares, representing 6.26% of the total share capital, transferred via an inter-se gift from Rajkumar Tainwala to Rakesh Dungarmal Tainwala. Post-acquisition, the combined holding of Rakesh Tainwala and PACs stands at 61.59%. The total equity share capital of the company remains 93,63,863 shares of Rs. 10 each.
Key Highlights
- Rakesh Tainwala and PACs disclosed a shareholding change.
- Acquisition of 5,86,464 shares (6.26%) via inter-se gift.
- Post-acquisition holding by acquirer and PACs is 61.59%.
- Total equity capital remains 93,63,863 shares.
- Disclosure filed under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Price Impact
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