
Shareholding3 Sept 2026, 10:48 am
Chandran Ganesan Discloses 4.24% Stake in Groarc Industries
AI Summary
Chandran Ganesan has disclosed a substantial acquisition of shares in Groarc Industries India Ltd, acquiring 8,68,421 equity shares, representing 4.24% of the total share capital. This disclosure is made under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The acquisition details indicate a post-acquisition holding of 4.24% for Chandran Ganesan. The shares acquired rank pari passu with existing equity shares. The filing date is September 2, 2026, with an acquisition date or intimation of allotment on August 31, 2026.
Key Highlights
- Chandran Ganesan acquired 4.24% stake in Groarc Industries India Ltd.
- The acquisition involves 8,68,421 equity shares.
- Disclosure made under SEBI Takeover Regulations 2011.
- Acquired shares rank pari passu with existing equity.
Price Impact
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